1. A student has a job that leaves him $320 per month in disposable income. He de use the money to buy a car. He has arranged a 100% loan with $320 per month f months. What is the maximum car purchase price that he can afford with the loan 2. Given the cash flows in table below. Determine the value of P. i= 6% per year. Year | Cash Flow 0 - P 1 2 400 800 3 1200 4 1600 1800 1 IDEYA 1 100 2:28 PM Lo search w 4/20/2020 1