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Suppose that you are thinking about buying a car and have narrowed down your choices to two options.The new - car option: The new car
Suppose that you are thinking about buying a car and have
narrowed down your choices to two options.Thenewcar option: The new car costs $ and can be
financed with a fiveyear loan at Theusedcar option: Athreeyear old model of the
same car costs $ and can be financed with a threeyear loan
at The difference in monthly payments between financing the new car
and financing the used car is
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