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Pay higher monthly rate or full installment with a discount?
Pay higher monthly rate or full installment with a discount? Hey everyone, my Auto Insurance is renewing and I got my policy documents. The 6 month term is $2241 if paid monthly, or $1999 if paid in full now. If I have a savings account at 4.20% that pays out monthly, which direction ends up saving more? This is probably a simple question, but I'm struggling so thanks for any help.
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