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Note: Please show all working out and all steps, including which formulas were used ( e . g . present value of a series of
Note: Please show all working out and all steps, including which formulas were used eg present value of a series of depositsMaria has a monthly budget surplus of $before care loan repayments Her major assets and liabilities are a car of $ a car loan of $ cash in bank is $
Question : Maria wants to repay her car loan of $ within years. Assess the objective of repaying the car loan within years assume the interest rate is marks
Question : Discuss the scope to establish a savings plan for Maria as she wants to work overseas for a period of one year assume the required savings goal is $ and the interest rate on savings is marks
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