Rose is thinking about buying a car. She has RM1,000 saved for a down payment. Before she goes shopping, she wants to know how much she can afford to spend each month on a car. Rose brings home RM926 each month from her first job, and RM974 from her second job. Her fixed expenses include: RM250 for rent RM34 for a credit card payment on some furniture she bought several months ago that has a total outstanding balance of RM540 Her variable monthly expenses are: RM100 for savings RM20 for telephone RM175 for food RM45 for transportation (bus fare) - RM70 for tuition RM20 for school supplies RM40 for clothing - RM40 for entertainment - RM20 for household supplies RM29 for personal items a If Rose gets a car, she expects to spend about RM60 a month on petrol, and about RM30 on parking and tolls. If Rose gets a car, she will need car insurance. She has done some research, and she expects her car insurance premium to be about RM175 a month. (b) Use the following two cases, compute the car instalment based on add-on method and present your answer in the following table format. (Note: show all the workings) (10 marks) 4% 5% 6% Interest rate Total interest Monthly instalment Case I Price of the car Amount of the loan Length of loan :RM30,000 : after deducting the down payment : 48 months (11) Case II Price of the car Amount of the loan Length of loan :RM38,000 : after deducting the down payment : 48 months