Business Finance
Business and finance

Question Description

Can you help me understand this Business question?

I want to buy a car for $28,589.00. The dealer offers you 0% financing for 72 mo. or a $3,148.00 rebate. You can obtain 5.7% financing for 72 mo. at the local bank. Which option should you choose? How much cash will you save per mo.? round 2 deci

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Final Answer

0% financing for 72 month is better option. 

Furious (72)
UT Austin

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