You are planning to buy a car worth $20,000. Which of the two deals described belowwould you…
1 answer below »You are planning to buy a car worth $20,000. Which of the two deals described belowwould you choose?a)The dealer offers to take 10% off the price, and lend you the balance at the regularfinancing rate (which is an annual percentage rate of 9%)b)The dealer offers to lend you $20,000 (with no discount) at a special financing rate of3%Mar 16 2022 11:07 PM
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