ssignment #1 - Car loan.docx ownload Assignment #1. Car loan.docx (27.6KB) Page > of 3 5 200M + Purpose of the Assignment Upon completion of this assignment, you will be able to: Identity features of a used vehicle that affect your purchase decision Identify factors that affect the cost of automobile insurance Calculate the monthly amount of a car payment: Calculate TDSR and determine whether you quality for a car loan and Consider the implications of a vehicle purchase from both a risk management and wealth management perspective Important: You must show all calculations for marks OR indicate the values used when using your BA Plus calculator Example: 12-N 51/Y 2,000 PV CPT PMT = -225.65 Therefore, the payment that would be needed is $225.65 . Previous Next o 90AM DELL F4 FZ FO F9 F10 F11 F12 insen $ % A ? & * + 4 5 A 10 7 8 2 9 3 0 1/4 1/2 314 R T Y P Ilnlllo ssignment #1 - Car loan.docx ownload Assignment #1. Car loan.docx (27.6KB) Page > of 3 5 200M + Purpose of the Assignment Upon completion of this assignment, you will be able to: Identity features of a used vehicle that affect your purchase decision Identify factors that affect the cost of automobile insurance Calculate the monthly amount of a car payment: Calculate TDSR and determine whether you quality for a car loan and Consider the implications of a vehicle purchase from both a risk management and wealth management perspective Important: You must show all calculations for marks OR indicate the values used when using your BA Plus calculator Example: 12-N 51/Y 2,000 PV CPT PMT = -225.65 Therefore, the payment that would be needed is $225.65 . Previous Next o 90AM DELL F4 FZ FO F9 F10 F11 F12 insen $ % A ? & * + 4 5 A 10 7 8 2 9 3 0 1/4 1/2 314 R T Y P Ilnlllo