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Your parents are about to buy a new Subaru Outback Limited (fully loaded with cool safety options) which will cost approximately $35,000. After paying tax,

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Your parents are about to buy a new Subaru Outback Limited (fully loaded with cool safety options) which will cost approximately $35,000. After paying tax, title \& license and making a down payment, your parents will need to borrow $27,500 to complete the purchase of their new Outback and are presented with two options. Option one is 0.0% APR financing for 60 months, the second option is $2,000 cash back which would be used as an additional down payment reducing the loan amount by this $2,000 cash back. Your parents discover that they can get 2.29% APR financing for 60 months if they elect the second (cash back) option. What is the 0% APR monthly payment minus the $2000 cash back monthly payment for your parents' situation (assume a 60-month loan term for both options, if 0\% APR payment is higher difference is positive)? $5.66+$10.87+$8.13$27.18$0.00

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