Question: This question: 9 points posti in August 2008, a car manufacturing company was choring the choice of a 3.2% loan for 120 morto, or $5000
This question: 9 points posti in August 2008, a car manufacturing company was choring the choice of a 3.2% loan for 120 morto, or $5000 cash back on the purchase at $24.413 cm. (a) someone took the 32 an offer low much the monthly payment? B) someone took the $5000 cashback other and can borrow money from the local credit Union EBS est compounded only for ten years, how much the monthly payment be? (c) Which of the two offers is more favorable (d) How much is saved each month based on the payment? (a) The monthey payment someone would pay for the 323. an chet would be (Round to the nearest cent as needed) (b) The monthly payment someone would pay for the cash back oer would be ]] (Round to the nearestent as needed) (e) Choose which offer is more favorable O cashback offer 32% toencher (d) How much is saved each month bred on the payment
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