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You want to purchase an automobile for $31,764. The dealer offers you 0% financing for 48 months or a $5,059 rebate. You can obtain 6.3%

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You want to purchase an automobile for $31,764. The dealer offers you 0% financing for 48 months or a $5,059 rebate. You can obtain 6.3% financing for 48 months at the local bank. Which option should you choose? Rebate 0% financing 0 How much money will you save per month? $ | (Round to two decimal places.)

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