173 Option 1 Hannah is She can la whinsing aou buing a saiboat The dealer has offered her three options ay $28,00.10% down and the rest in 48 monthly payments of interest of 48 months in the second deal, she would pay the balance of the ceest o for the boat, no money down and the rest in 60 equal monthly that include interest at 2% Option 2: She can purchase price, $25,200. Option 3: She pays $25,000 for the boat right now et that boat loans currently carry an 8% interest rate. She called her bank and they told her Which is the better deal? Amortize the first tive months of each deal. nau EN THERE, DONE THAT GOT THE DISCOUNT Many of the t were just kids on July 4, 1776 4amilton was 2t, Madison, 25 fat So here's to Ben Franki at 70 wise and theifty 173 Option 1 Hannah is She can la whinsing aou buing a saiboat The dealer has offered her three options ay $28,00.10% down and the rest in 48 monthly payments of interest of 48 months in the second deal, she would pay the balance of the ceest o for the boat, no money down and the rest in 60 equal monthly that include interest at 2% Option 2: She can purchase price, $25,200. Option 3: She pays $25,000 for the boat right now et that boat loans currently carry an 8% interest rate. She called her bank and they told her Which is the better deal? Amortize the first tive months of each deal. nau EN THERE, DONE THAT GOT THE DISCOUNT Many of the t were just kids on July 4, 1776 4amilton was 2t, Madison, 25 fat So here's to Ben Franki at 70 wise and theifty