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Chapter? Financial Planning Exercise 2 tvaluating finance packages Assume that you've been shopoing for a new car and intend to finarice part of it through

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Chapter? Financial Planning Exercise 2 tvaluating finance packages Assume that you've been shopoing for a new car and intend to finarice part of it through an installment loun. The car yourn looking for has a socker price of sas.o00. The sell you the exect same vehicle for $1,500 d5wn, plus a 60 -month loan for the balance, with monthir payments of 1230.24 . Which of thisse two finance packages is the better deal? Explain. The inpat in the bor below will not be graded, but mar be revitaed and sensideied by rour lastructer

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