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What’s the difference between paying $10,000 cash for a car or paying a loan of $200 per month for 60 months?

What’s the difference between paying $10,000 cash for a car or paying a loan of $200 per month for 60 months?
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What’s the difference between paying $10,000 cash for a car or paying a loan of $200 per month for 60 months?

asked
User Sabah
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1 Answer

4 votes
200 per month for 60 months......200 * 60 = 12,000

difference is : 12,000 - 10,000 = 2,000 <==
answered
User Ricardo Markiewicz
by
8.7k points
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