Airport baggage handling equipment can be purchased for $80,000 cash (now) or for $84,000 to be financed over 60 months at 0% interest (with annual payments, where the first payment is due at the time of purchase). The sales person states that at least $15,000 can be saved by the 0% offer compared to the "traditional" financing plan at 0.75% per month over 60 months (with annual payments, where the first payment is due at the time of purchase). Is this claim really true? State your logic and