You're planning to buy a car worth $$20,000.$ which of the two deals described next you would choose?

$-$The dealer offers to take $10\%$ off the price and lend you the balance at the regular financing rate $($ which is an annual percentage rate of $9\%).$

$-$The dealer offers to lend you $$20,000($ with no discount$)$ at a special financing rate of $3\%.$