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Item Purchase price: Cash incentive/rebate: Loan term (months): Purchase Offer 1 Annual percentage rate (APR): Monthly payment: Total cost: Comparison of Dealer Incentives and Loan Offers Cost $33,500 48 3.2 $725.33 $34,815.62 Item Purchase price: Cash incentive/rebate: Purchase Offer 2 Loan term (months): Annual percentage rate (APR): Monthly payment: Total cost: Cost $33,500 $500 48 4.1 $746.59 $35,836.15

Item Purchase price: Cash incentive/rebate: Loan term (months): Purchase Offer 1 Annual percentage rate (APR): Monthly payment: Total cost: Comparison of Dealer Incentives and Loan Offers Cost $33,500 48 3.2 $725.33 $34,815.62 Item Purchase price: Cash incentive/rebate: Purchase Offer 2 Loan term (months): Annual percentage rate (APR): Monthly payment: Total cost: Cost $33,500 $500 48 4.1 $746.59 $35,836.15

Database System Concepts
Database System Concepts
7th Edition
ISBN:9780078022159
Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Chapter1: Introduction
Section: Chapter Questions
Problem 1PE
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Item Purchase price: Cash incentive/rebate: Loan term (months): Purchase Offer 1 Annual percentage rate (APR): Monthly payment: Total cost: Comparison of Dealer Incentives and Loan Offers Cost $33,500 $0 48 3.2 $725.33 $34,815.62 Item Purchase price: Cash incentive/rebate: Purchase Offer 2 Loan term (months): Annual percentage rate (APR): Monthly payment: Total cost: Cost $33,500 $500 48 4.1 $746.59 $35,836.15
Transcribed Image Text:Item Purchase price: Cash incentive/rebate: Loan term (months): Purchase Offer 1 Annual percentage rate (APR): Monthly payment: Total cost: Comparison of Dealer Incentives and Loan Offers Cost $33,500 $0 48 3.2 $725.33 $34,815.62 Item Purchase price: Cash incentive/rebate: Purchase Offer 2 Loan term (months): Annual percentage rate (APR): Monthly payment: Total cost: Cost $33,500 $500 48 4.1 $746.59 $35,836.15
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