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You already did the research for your dream car and submitted that make sure first...

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Finance

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You already did the research for your dream car and submitted that make sure first copy paste all the information of the features of car along the summary and total price you are supposed to pay and then follow the following steps to complete your work Follow these steps to complete your activity: 1) On a word doc. Paste all the information you submitted earlier as building your own dream car 2) The purchase price or the net price is the loan amount you are taking to purchase your car. Use that value as your Present value. 3) Currently the rate of interest is Range (4% - 6%p.a. compounded monthly). Take any value between this range up to two decimal places. 4) Your Financing time is 5 years, (to make it simple) means you are paying back this money in 5 years by monthly payments. 5) Find out the periodic payment up to 2 decimal places and then create the Amortization Schedule for the loan you are paying. 6) Suppose you won a lottery, you want to pay all the debt, if you want to pay the complete loan after 27th payment, what amount you should pay to finish the loan. 7) Complete the activity by showing all the steps neatly

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