Q3- Assuming monthly payments, which one of the following plans are better for buying a $15,000 van?
a) 6% on the full amount for 4 years.
b) $2500 discount and 12% interest on the remaining amount for 4 years.

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Answer rating: 100% (QA)

To determine which plan is better for buying a 15000 van well compare the total cost of each plan Lets calculate the costs for each option Option a 6 ... View the full answer