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An automotive distribution company offers its customers a 10% discount on the cash purchase of a new car, or 50% of the cash price and
An automotive distribution company offers its customers a 10% discount on the cash purchase of a new car, or 50% of the cash price and 50% at 6 months without discount and without interest, what alternative should be chosen if the money can be invested at a monthly interest rate of: a) 2%, b) 3%, c) 4%?
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