Question: How do you solve for PMT2, for the 2nd part of this problem? Homework: 3.4 Annuity Present Value & Amortization Save Score: 0.5 of 1

How do you solve for PMT2, for the 2nd part of this problem?

How do you solve for PMT2, for the 2nd part of this

Homework: 3.4 Annuity Present Value & Amortization Save Score: 0.5 of 1 pt 3 of 5 (3 complete) Hw score: 50%, 2.5 of 5 pts Bus Econ 3.4.39 Question Help * You want 10 purchase an automobile ro 27,780 The dealer offers you 0% fnancing for 72 months or a $4,027 rebate You can obtain 57% financing for 72 months at the local bank. Which option should you choose? Rebate 0% financing How much money will you save per month Round to two decimal places)

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