Mathematics
Mathematics, 22.05.2021 04:10, gabyjr101

Suppose you are buying a new truck at a price of $29,000. You plan to finance your purchase with a loan you will repay over two years. The dealer offers two options: either dealer financing with 0% interest, or a $2,900 rebate on the purchase price. If you take the rebate, you will have to go to the bank for a loan of $26,100 at an apr of 6.5%. What will your monthly payments be if you used dealer financing? round your answer to the nearest cent ​

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