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Question 11 6 pts Nissan is offering 36-month, 0.3% APR special financing or $1.500 cash back on a car you have decided to buy. The
Question 11 6 pts Nissan is offering "36-month, 0.3% APR special financing" or "$1.500 cash back" on a car you have decided to buy. The stated price for the car is $21,500. You can get a 36-month loan, with monthly payments, for the money to buy the car from a local bank at 6.5% APR. How much do you save in present value terms if you choose the Honda financing instead of the bank financing? (Round to the nearest cent.) ThinkVision
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