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Instructions In a recent advertisement a new car has a sale price of $32,000. The car company is giving you the option of receiving a
Instructions In a recent advertisement a new car has a sale price of $32,000. The car company is giving you the option of receiving a $3500 cash rebate or a special interest rate (for 0.9% for 5 years if the local bank will lend you the money at 4 option would you select and how much would you save over the second option at 5% for 5 years should you take the discount and borrow from the bank or select the low interest rate from the company
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