HELP

- Let's say you know you can afford $500/ month towards a car loan. How much loan could you afford if loan rates are 6% for a 4 year term? Assume no down payment is required. - What is the monthly payment for a vehicle that costs $35,000 if you finance the entire purchase over 5 years at an annual rate of 6.50% ? origination fee, and $1,500 in other fees? origination fee, and $1,500 in other fees? - What is the after-tax rate on a loan that has an APR of 6.0% if the borrower is at the 20% marginal tax rate? 2uestions from chapter 6 lecture slides each month? - What is your opportunity cost of borrowing, if you are paying $900 in interest on credit cards annually? Assume you could invest in a tax-deferred account earning 10% over 10 years. - What is the total amount you will have to repay for a $20,600 student loan if the interest rate is 7.9% over 10 years