Question: Consider a $ 2 0 , 0 0 0 car loan over five years at 8 % APR. Assume an option where the car loan

Consider a $20,000 car loan over five years at 8% APR. Assume an option where the car loan offers 0% financing for the first two years of the loan or 8% financing over five years. What are the payment choices to ensure that no interest on the loan is paid? Does this imply that money is "free"?

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