You have negotiated a price of $25,200 for a new Bison pickup truck. Now you must choose
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You have negotiated a price of $25,200 for a new Bison pickup truck. Now you must choose between 0% financing for 48 months or a $3,000 rebate. If you choose the rebate, you can obtain a credit union loan for the balance at 4.5% compounded monthly for 48 months. Which option should you choose?
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If you choose 0 financing your monthly payment will be PMT If you choose th...View the full answer
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Related Book For 
Finite Mathematics For Business Economics Life Sciences And Social Sciences
ISBN: 9780134862620
14th Edition
Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker
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