Use the Information for the Question(s)below

question 57

Multiple Choice

Use the information for the question(s) below.
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 pre-approved for an auto loan through your local credit union at an interest rate of 6.5% for 48 months.
-If you take the $2500 rebate and finance your new car through your credit union your monthly payments will be closest to:

• A)$520.
• B)$573.
• C)$593.
• D)$799.

---

Definitions:

Business Definition

Describes the core activities, purpose, and scope of a business entity.

Customer Value Proposition

A business or marketing statement that describes why a customer should buy a product or use a service, highlighting the unique value it offers.

Marketing Plan

A comprehensive strategy outlining an organization's overall marketing efforts, including objectives, strategies, and activities.

Core Values

Core beliefs and principles that govern actions and behaviors within a business entity.