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https://www.think-agility.com/en/payment estimator/ Suppose that you are interested to purchase a new Mercedes-Benz Car. Visit the link https://www.think-agility.com/en/payment_estimator/ (cut and paste the link to your browser),

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https://www.think-agility.com/en/payment estimator/

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Suppose that you are interested to purchase a new Mercedes-Benz Car. Visit the link https://www.think-agility.com/en/payment_estimator/ (cut and paste the link to your browser), and you will find the car financing calculator. (a) Input the following Class, Type, Model and Payment Solution to the Calculator, and compute the flat rate and effective rate of interest implied from the result of the calculator (with the term of the loan = 36 months). Payment Estimator Class C-Class Type Saloon Model C 200 Payment Solution Agility (b) Now, change the term of the loan from 36 months to 24 months and 12 months, re-calculate the flat rate and effective rate of interest, respectively. (c) Comment on your results in the above three loan terms. (d) Input the information of the other Class, Type, Model and Payment Solution to the Calculator, repeat (a) to (c). Payment Estimator Class A-Class Type Compact Car Model A 180 Payment Solution Agility (e) Comment on your results on these two car loans. Suppose that you are interested to purchase a new Mercedes-Benz Car. Visit the link https://www.think-agility.com/en/payment_estimator/ (cut and paste the link to your browser), and you will find the car financing calculator. (a) Input the following Class, Type, Model and Payment Solution to the Calculator, and compute the flat rate and effective rate of interest implied from the result of the calculator (with the term of the loan = 36 months). Payment Estimator Class C-Class Type Saloon Model C 200 Payment Solution Agility (b) Now, change the term of the loan from 36 months to 24 months and 12 months, re-calculate the flat rate and effective rate of interest, respectively. (c) Comment on your results in the above three loan terms. (d) Input the information of the other Class, Type, Model and Payment Solution to the Calculator, repeat (a) to (c). Payment Estimator Class A-Class Type Compact Car Model A 180 Payment Solution Agility (e) Comment on your results on these two car loans

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