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9. You want to purchase an automobile for $21,600. The dealer offers you 0% financing for 48 months or a $3,000 rebate. You can obtain

9. You want to purchase an automobile for $21,600. The dealer offers you 0% financing for 48 months or a $3,000 rebate. You can obtain 4.8% financing for 48 months at the local bank. Which option should you choose? Explain

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