College Loan $(10$ points$)$

You choose to attend college a which costs $ $$ per year for tuition, room, and board. You spend $$ years there for a total cost of : $$ You get a scholarship for you are also able to pay $ $$ outright. To pay for the remainder, you take out a loan for $ $($use $$2000$ if your scholarship and ability to pay outright brings the cost below this$)$ for $q,$ years at $q,\%$ APR compounded monthly from $($bank name$).$

$$ is your monthly college loan payment.

Calculation:

Car Loan $(10$ points$)$

Your car is nearing the end of its life. You must purchase another one $-$ no leases $-$ and it may be new or