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You wish to buy a car worth $20,000. You have the money in your savings account. Should you go ahead and pay cash for the

You wish to buy a car worth $20,000. You have the money in your savings account. Should you go ahead and pay cash for the car (out of your savings account) or should you get a car loan from the dealer or from your bank to pay for the car? How does expectations about interest rates have an impact on your decision? Please give an explanation.

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