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A car dealership can offer a $36,000 car under a special promotion with four years financing at 0%, or can offer a discount off the
A car dealership can offer a $36,000 car under a special promotion with four years financing at 0%, or can offer a discount off the price of the vehicle if the buyer finances the sale at .5% monthly over the four years. What discount off thepurchase price results in the buyer making the identical monthly payment under either purchase option. Please include excel solution in this using either goal seek or solver (please add screen shot).
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