4. Provide a description of vehicle #2, a comparable used car. Calculate its total cost of ownership, being as detailed as possible in your costs. 2020 Chevrolet Malibu LS Vehicle Description 16,000 60 months APR 8.62% Vehicle Price Loan Terms Year 1 2 3 4 5 6 7 8 9 10 Sales Tax 7% Down Payment -2000 Annual -3480 Payments Motor Vehicle 220 198 176 154 132 Fee Other Taxes & Fees Insurance Fuel Maintenance & Repairs Salvage Value TOTAL Note: All cash flows should be negative (costs), except for Salvage Value, which will be the only positive cash flow. Salvage Value will only occur ONE time, during the final year of ownership. Calculate the Net Present Value of this series of cash flows using a discount rate of 5%.