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MacBook Air 173 Buddy wants to sell you a car. $20,000 no money down and you pay interest of only for one Year. At the

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MacBook Air 173 Buddy wants to sell you a car. $20,000 no money down and you pay interest of only for one Year. At the end of the year along with your 4% Interest you pay Buddy $20.000 for the car You think this is a back of a deal because of you borrowed the money from a bank at would cont you 12% What a deal? Or... how much are you really paying for the car? And Sam has offered you the same car for $18,000 cash what to do what to do lod Nick wants to sell you a thing-a-ma-lig for $100,000! He tells you that you can pay in three equal annual payments which start in one year and include interest at 5%. You have seen the same item on sale for $85,000. If you bought the item for $85,000, you would have to borrow the money from the bank at 12%. Which is the better deal

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