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Paula is considering the purchase of a new car. She has narrowed her search to two cars that are equally appealing to her. Car A
Paula is considering the purchase of a new car. She has narrowed her search to two cars that are equally appealing to her.
Car A costs $ and Car costs $ The manufacturer of Car is offering financing for months with zero
down, while the manufacturer of Car is offering a rebate of $ at the time of purchase plus financing at the rate of
year compounded monthly over months with zero down. If Paula has decided to buy the car with the lower net cost
to her, which car should she purchase? Round numerical values to the nearest cent.
net cost of Car
net cost of Car
car she should purchase
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