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Calculate the different options

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Question - You are looking to purchase a new car for yourself. You have shopped around and found the car of your dreams. It costs $15,000. You have $2,000 in your savings account that you are going to use for a down payment and you plan to borrow the remaining $13,000. You have some different options to choose from for financing the car - through your bank and through the car dealership. With the information below, calculate the different options and decide which is the best option for you.

Reference no: EM133015627

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