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The dealer offers to lend you $20,000 (with no dis- choose? 4. You are planning to buy a car worth $20,000. Which of the two
The dealer offers to lend you $20,000 (with no dis- choose? 4. You are planning to buy a car worth $20,000. Which of the two deals described next would you The dealer offers to take 10% off the price and lend you the balance at the regular financing rate (which is an annual percentage rate of 9%). Fount) at a special financing rate of 3%. renay
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