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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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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?

User Jimmy Dee
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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.

User Jrog
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