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b . Considering the $ 1 6 0 0 0 you will receive on your 2 2 t h birthday how much more do you
b Considering the $ you will receive on your birthday how much more do you need to purchase your $ car?
c You will be taking out a loan for the rest of the balance, at a reducible interest rate of pa If your weekly repayment is $ find:
i How long will it takes you to pay off the loan? obtain the expression for A recognize the pattern in the expression for An as a sum, produce and calculate geometric series by using the correct formula and apply lograthim laws.
ii The total amount that you will pay for the car.
d Assume your $ car depreciates in value by every year. What is the value of your chosen car after years?
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