Use the Information for the Question(s) Below

question 59

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 $2,500 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 $2,500 rebate and finance your new car through your credit union your monthly payments will be closest to:

• A) $595
• B) $652
• C) $593
• D) $541

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Definitions:

Cross-Cultural Training

Educational programs designed to help individuals understand and appreciate cultural differences and improve interactions in a global or multicultural context.

Guided Experience

A learning method where individuals gain knowledge and skills under the direction and supervision of an experienced person.

International Operations

The business activities and strategies companies engage in to produce, sell, or distribute products and services across national borders.

Polycentric

Reflecting a principle or policy that involves or considers multiple centers of power or influence, often used in the context of international business strategies.