They have bought a 2022 Ford EcoSport with no accessories. The cost was $25,599 but after fees and taxes, the cost was $31,408.

Determine the loan payments, interest rate, and length of the loan. You may use the loan offered by Ford. Support the choice

Chris (for Christine or Christopher) and Sam (for Samuel or Samantha) are a couple who live in Toronto and are somewhat recent graduates from George Brown. They each earn $60,000 per year. And both are 25 years old. They have four financial goals: pay off a loan for a car, save for a down payment for a house, save for post-secondary education for their children they hope to have in three and five years from now, and save for a retirement