Richmond Ford offered you 0% financing and cash discount. 0% financing option: pay 10% down at the purchase time, which is $3,297. And pay $824 from the end of the first month for 36 months. -Cash discount: after discount of 8,082 , the price of F150FX is $24,888. If you could borrow $24,888 from your bank with 5.26% APR interest rate for 3 years loan, which is compounded monthly, would you buy the vehicle in cash or choose the Ford financing option 0% APR