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You Are Ready to Make a New Car Purchase and the Manufacturer

Question 76

Multiple Choice

You are ready to make a new car purchase and the manufacturer is offering a 60-month, zero percent interest loan, or, a $1,500 cash rebate. The price of the car is $25,000. Which option should you choose?


A) Zero percent loan
B) $1,500 cash rebate
C) Negotiate to get both
D) Not enough information to make the decision.

Correct Answer:

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