Scott wants to purchase a toyota rav4 xle. the model he wants is available for $26,789. scott has saved $4,000 for a down payment, and the dealer has offered $3,500 for his trade-in. he is considering three financing options.

toyota’s financial department is offering 0% interest for three years

scott’s credit union is offering 1.98% compounded monthly for four years

his bank is offering 2.97% compounded monthly for five years

(a) what would scott’s monthly loan payment be for each option?

(b) what total amount of interest would scott pay for each option?

(c) describe the advantages and disadvantages of each financing option.

(d) if you were scott, which of these three financing options would you use and why?

show work for c & d

Alarge university wanted to study the relationship between completing an internship during college and students' future earning potential. prom the same graduating class, they selected a random sample of 80 students who completed an internship and 100 students who did not complete an internship and examined their salaries five years after graduation. they found that there was a statistically higher mean salary for the internship group than for the noninternship group. which of the following interpretations is the most appropriate? a. there could be a confounding variable, such as student major, that explains the difference in mean salary between the internship and no internship groups.b. we cannot infer anything from these data since the distribution of salaries is likely right skewed.c. you cannot draw any valid conclusions because the sample sizes are different.d. more students should complete internships because having an internship produces a higher salary.