Assume the cars in Problems 43-46 can be purchased for 0% down for 60 months (in lieu
Question:
Assume the cars in Problems 43-46 can be purchased for 0\% down for 60 months (in lieu of rebate).
A BMW that has a sticker price of \(\$ 62,490\) with factory and dealer rebates of \(\$ 6,000 \quad\) а. \(\$ 1,041.50 ;\)
b. \(\$ 1,059.19 ;\)
c. \(4.9 \%\);
d. \(0 \%\)
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1 Calculate the loan amount Subtract the rebates from the sticker price62490 6000 56490 2 Calculate ...View the full answer
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