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Question 2 2.5 pts You are buying a brand new car for $30,000. The special offer is Zero-APR financing for 60 months. If you pay
Question 2 2.5 pts You are buying a brand new car for $30,000. The special offer is Zero-APR financing for 60 months. If you pay it cash rather than financing it, the dealer will give you $4,000 instant cash rebate so that your net cost will be $26,000. Approximately what interest rate per year is the dealer charging customers who finance with zero APR for 60 months? 8.99% 5.78% 4.82% 0.00%
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