Which is the better choice when purchasing a $20,000 car: a) A four-year loan at 4 percent,

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Which is the better choice when purchasing a $20,000 car:
a) A four-year loan at 4 percent,
b) An immediate rebate of $2,000 and a four-year loan at 10 percent?

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Investments An Introduction

ISBN: 978-0324561388

9th Edition

Authors: Herbert B Mayo

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Question Posted: Jun 26, 2012 05:24 AM

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Which is the better choice when purchasing a $20,000 car: a) A four-year loan at 4 percent,

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Investments An Introduction

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