A. If i buy a car from a dealership for $27000 with 2.5% paying monthly for a total of 3 years how much will i owe? B. If i buy a car from the dealership with 2% APR for 60 months with sticker price of $30,000 how much will i owe? C. If i buy the car for 10,000 with 10% interest for 6 years how much would it cost. Which option is better?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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A. If i buy a car from a dealership for $27000 with 2.5% paying monthly for a total of 3 years how much will i owe?

B. If i buy a car from the dealership with 2% APR for 60 months with sticker price of $30,000 how much will i owe?

C. If i buy the car for 10,000 with 10% interest for 6 years how much would it cost.

Which option is better?

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