Downward motors has offered vicki either a 2000 rebate or a


Downward motors has offered Vicki either a $2000 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 her credit loan. Should Vicki take the rebate or 2% loan from the dealer? show work and explain

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Financial Management: Downward motors has offered vicki either a 2000 rebate or a
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