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Downward Motors Has Offered Vicki Either a $2,500 Rebate or a 2%,4-Year

Question 161

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Downward Motors has offered Vicki either a $2,500 rebate or a 2%,4-year loan on the new SUV she is purchasing for $33,000 with a $3,000 down payment.Vicki has done her homework and knows that she can get a 6%,4-year loan at his credit union.Should Vicki take the rebate or the 2% loan from the dealer? (Show your key strokes.)

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blured image Taking the rebate and financi...

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