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Pat and Marie have the following expenses and account balances: rat s empioyer matches $ for $ up to 3% of rat s saiary in

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Pat and Marie have the following expenses and account balances: rat s empioyer matches $ for $ up to 3% of rat s saiary in nis 4 u [k] plan. Their savings rate: 16.5 17.5 18.5 19.5 Holly is considering purchasing a new car for $30,000. The dealer is offering two mutually exclusive options on the purchase: - Option 1: Receive a $4,000 rebate on the price of the car and finance the balance over 5 years at 4% interest, or - Option 2: Finance the vehicle for 7 years at 0% interest with no rebate. Which of the following options should Holly select if her goal is to minimize the total amount she pays for the car? Option 1 is better. Option 2 is better. Both options cost the same. There is not enough information to answer the

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