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You want to purchase an automobile for $ 3 2 , 8 7 9 . The dealer offers you 0 % financing for 6 0

You want to purchase an automobile for $32,879. The dealer offers you0% financing for 60 months or a $3,872 rebate. You can obtain 6.3% financing for 60 months at the local bank. Which option should you choose?

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