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(Annuity payments) Ford Motor Company's cunent incentwes include 3.7 percent APR financing for 84 months...

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(Annuity payments) Ford Motor Company's cunent incentwes include 3.7 percent APR financing for 84 months or $1,200 cash back on a Mustang LeY's assime Surio Studont wants to bury the promim Mustang convertible, which costs $20,000, and she has no down payment other than the cash back from Ford If she chooses the $1, 200 cash back, Suzie oach option? Which option should she choose? a. If Sugie chooses 3.7 percent APR financing for 84 months to buy the promium Mustang corvertale, which costs $20,000= PMCT(73 903578), what wall her manthly payment be? (Round to the nearest cent) b. If Surie chooses $1,200 cash back to buy the promium Mustang corvertble and berrows $18.800 from the VTech Credit Union at 5.7 percent APR for 84 months, how inuch will her monthly payment be? (Round to the nearest cent) c. Which option should Sizrie Student choose? (Select the best choice below.) A. Choese iow interest rate financing because the monthly payment under this opton is bwer: B. Choose cash back financing because the monthly payment undor this opton is lower

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