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Your auto dealer gives you the choice to pay $35,000 cash now, or make four payments: $10,000 now and $10,000 at the end of the
Your auto dealer gives you the choice to pay $35,000 cash now, or make four payments: $10,000 now and $10,000 at the end of the following three years. If your cost of money is 8%, which one should you choose?
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Glencoe Business And Personal Finance
Authors: McGraw-Hill
1st Edition
0021400202, 9780021400201
