Calculate and discuss the amount financed, the installment price of the new car, and the finance charges you will pay over the life of the loan.

  1. Calculate and discuss the amount financed, the installment price of the new car, and the finance charges you will pay over the life of the loan.
  2. Compare and contrast the advantage of paying cash and financing the vehicle over a shorter period of time, as well as, the impact of finding lower interest rates.
  3. Research and discuss the advantages of having good credit versus poor credit when qualifying for a loan. Discuss the implications of your credit score on the interest rates you may qualify for.