Nonannual compounding using a calculator​) ​Ford's current incentives for customers looking to buy a Mustang include either financing at an APR of 5.4 percent compounded monthly for 96 months or $900 cash back.​ Let's assume Suzie Student wants to buy the premium Mustang​ convertible, which costs $25,000​, and she has no down payment other than the cash back from Ford. If she chooses the ​$900

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