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- 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.
- 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.
- 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.