(Links to an external site.) to decide how 6. The car you can afford. (6 pts Total) Use the calculator https://www.money

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Links To An External Site To Decide How 6 The Car You Can Afford 6 Pts Total Use The Calculator Https Www Money 1 (32.61 KiB) Viewed 30 times

(Links to an external site.) to decide how 6. The car you can afford. (6 pts Total) Use the calculator https://www.moneyunder30.com/car-afford ... calculator expensive of a car you can afford given the monthly and down payment you can make (scroll towards the bottom to "More Calculators" and click on Auto loan calculator (input 7% sales tax and $700 for Dealer/Title/Registration Fees). Use the monthly income that you would be earning as a college graduate with your major (go to https://www.indeed.com (Links to an external site.) (at the top - click on find salaries) to determine your monthly starting salary. Input your information, then Submit the loan information and the results. Observe what is happening from year to year. Write a brief summary explaining your observations if you finance an automobile at 7% for each year listed below: 3 points) a) Three years b) Four years c) Five years a) Based on the results you received for a three-year loan, using the internet, find a car that match your results (budget) and explain (in a paragraph) why you selected that particular vehicle. Remember to use your lecture notes and textbook knowledge with answering the questions. (3 points)