A car dealership offers 2000 cash back financing at 349 apr


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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Civil Engineering: A car dealership offers 2000 cash back financing at 349 apr
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