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Business, 12.02.2021 05:10 kb0767729

Paula is considering the purchase of a new car. She has narrowed her search to two cars that are equally appealing to her. Car A costs $28,000, and Car B costs $28,300. The manufacturer of Car A is offering 0% financing for 48 months with zero down, while the manufacturer of Car B is offering a rebate of $2000 at the time of purchase plus financing at the rate of 3%/year compounded monthly over 48 months with zero down. If Paula has decided to buy the car with the lower net cost to her, which car should she purchase

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