you want to buy a hinda civic. the MSRP is $26,185. honda offers a purchase financing plan with no money down and 48 end of mibth payments of $550. should you buy the car for cash ir take hindas purchase financing ? you have cash and you could invest it and earn at least 4%

mes wyse te for a parte money do not own should you like the powerpoint vain you could CH who own Cheb OA Weber O Youth Rais De You would be because OD Tech What is the present value of all the payments? S (Round to the nearest cent.) Which of the following statements is true? (Choose the best response.) O A. You should pay cash to buy the car because its present value is higher O B. You should borrow money to buy the car because its present value is higher. OC. You should borrow money to buy the car because its present value is lower OD. You should pay cash to buy the car because its present value is lower