What is break even point and when would be better to choose

Reference no: EM13306193

A car dealership offers $2000 cash back; financing at 3.49% APR for 60 months or 0% APR for 60 months when you purchase a car. What is the break even point and when would it be better to choose one option over the other.

Reference no: EM13306193

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What is break even point and when would be better to choose : A car dealership offers $2000 cash back; financing at 3.49% APR for 60 months or 0% APR for 60 months when you purchase a car. What is the break even point and when would it be better to choose one option over the other.

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