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Question 8 4 pts You are buying a car that cost $27,505. You have no money to put down. You can either: 1. Get a
Question 8 4 pts You are buying a car that cost $27,505. You have no money to put down. You can either: 1. Get a rebate of $2,419 and finance the rest of the cost of the car ($27,505 - $2,419) at an interest rate of 3.86% over 6 years, 2. Or you can forgo the discount and finance the car (all $27,505) over 6 years at 0.00% interest. Calculate the monthly payment for the car using both options, and enter the lowest monthly payment in the box below (use dollars and cents)
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