Jason is considering buying a used car for $10,000. He has $10,000 in savings that is...

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Jason is considering buying a used car for $10,000. He has $10,000 in savings that is earning 2% interest annually that he could use to buy the car. Or he could take out a three-year loan from the bank for $10,000 at an interest rate of 4%. His monthly payment would be $295.24 and the loan would be paid off at the end of the three year period. Considering the information given, how should Jason buy the car? O He should use his $10,000 savings to pay cash to buy the car. He should use the $10,000 loan to buy the car. Jason is considering buying a used car for $10,000. He has $10,000 in savings that is earning 2% interest annually that he could use to buy the car. Or he could take out a three-year loan from the bank for $10,000 at an interest rate of 4%. His monthly payment would be $295.24 and the loan would be paid off at the end of the three year period. Considering the information given, how should Jason buy the car? O He should use his $10,000 savings to pay cash to buy the car. He should use the $10,000 loan to buy the car.