You are in the process of purchasing a new automobile that will cost you $27,500. the dealership is offering you either a $2500 rebate (applied toward the purchase price) or 1.9% financing for 48 months (with payments made at the end of the month). you have been preminus approved for an auto loan through your local credit union at an interest rate of 6.5% for 48 months. if you forgo the $2500 rebate and finance your new car through the dealership your monthly payments (with payments made at the end of the month) will be closest to: a. $573 b. $520 c. $595 d. $799
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