Based upon a monthly payment which one is a better deal on


Based upon a monthly payment, which one is a better deal on the same $9000 car?

(a) 9% interest on the full amount for 48 months, compounded monthly.

(b) A $1000 rebate and 15% interest on the remaining amount for 48 months, compounded monthly.

Request for Solution File

Ask an Expert for Answer!!
Business Economics: Based upon a monthly payment which one is a better deal on
Reference No:- TGS01041680

Expected delivery within 24 Hours