Question: 7. You have been presented with two financing options for the new vehicle. One company is offering 0% financing. Another company is offering $2500 discount

7. You have been presented with two financing options for the new vehicle. One company is offering 0% financing. Another company is offering $2500 discount with 5.9% financing. You may want to make use of an on-line loan calculator to assist with your decision. Which company would you select if you planned on financing the loan over 4 years? Explain.

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