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17 September, 16:05

A used car can be purchased for 4,000 cash or credit. if a credit plan is used the payments are 100$ per month for 4 years. how much money is saved by paying cash?

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  1. 17 September, 16:07
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    Via monthly payments: ($100/mo) * (48 monts) = $4800, as opposed to $4000 cash. That's a difference of $800! Pay cash if y ou can.
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