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Problem 6: You are not quite sure about the car deal in Problem 5. So the car salesman now tells you that the company is

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Problem 6: You are not quite sure about the car deal in Problem 5. So the car salesman now tells you that the company is offering a bonus if you buy the car today. You can either choose to get a $2500 discount on the car price, or zero percent financing. Which option is the best deal? Please compute the PMT for both options to find out. \begin{tabular}{|l|c|} \hline NPER & 72 \\ \hline I/Y (Rate) & ? \\ \hline PV & 32985 \\ \hline PMT & 525 \\ \hline FV & 0 \\ \hline Compounding Periods & 12 \\ \hline CPT (Compute)? & 4.59% \\ \hline \end{tabular}

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