Question: Which is the better choice when purchasing a $20,000 car: a) A four-year loan at 4 percent, b) An immediate rebate of $2,000 and a

Which is the better choice when purchasing a $20,000 car:
a) A four-year loan at 4 percent,
b) An immediate rebate of $2,000 and a four-year loan at 10 percent?

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