Question # 1; Better Financing Option Sadequin Motors is offering free credit on a new 2 million PKR car. You pay 400 thousands PKR as down payment and then 40,000 PKR a month for the next 40 months. Tariq Motors next door does not offer free credit but will give you 10% off the list price of 2 million PKR. If the rate of interest is 7.5% a year (about 0.625% a month), which car dealer is offering the better deal?