Logan would like to buy a new car but must complete a 2-year commitment to the army before he can purchase and drive the new car. The current price of the car that Logan wants to get id RM22,000, and the dealer expects the price of a similar new car to be RM24,000 in two years. If Logan can earn an annual interest rate of 3% on his savings, should he the car now or wait for 2 years. Explain and provide calculations