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Ahmed wants to purchase a new car for 15,000. He has asked you to advise his on the following: What options does he have to

  1. Ahmed wants to purchase a new car for 15,000. He has asked you to advise his on the following:
    1. What options does he have to finance the purchase and what are the pros and cons of each of the financing options?
    2. What debt products may be available to him?
    3. What are the costs associated with the different forms of lending?

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