Essay
Greg has negotiated a $20,000 price on a new pickup truck.The manufacturer is offering a $1,500 rebate or 3.9%,three-year financing.Greg is also able to get 7%,three-year financing at his credit union.If Greg plans to finance $18,000 over three years,should he take the rebate or the 3.9% financing? (Show all work.)
Correct Answer:
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$25.16 × 36 months = $905.76
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Correct Answer:
Verified
$25.16 × 36 months = $905.76...
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
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