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Angel Motors offers you two options to purchase a $36,000 car: a) 10% discount of the list price if you pay in cash. b) $1000

Angel Motors offers you two options to purchase a $36,000 car:

a) 10% discount of the list price if you pay in cash.

b) $1000 per month for 36 months.

What would you select if you can borrow from you bank at 9% per year?

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