Assuming you have been working for several years. You started as a junior executive and now has been promoted to senior executive in your present company due to your good performance. Since you started working, you have been using public transport to commute from your residence to your working premise. One day you decided to purchase a new car to enable you to drive to work instead of taking public transport. For a start, you will purchase a smaller and local made car instead of a foreign made car. Simultaneously, you also came across an apartment that you are interested in. As you have diligently set aside some savings, you plan to invest in the apartment for of your choice. After giving some careful thought, you decided to purchase both the car and the property which you have earmarked. As this is your first purchase for both automobile and apartment, you learnt from your finance/banking course that you can take a loan from a bank

Answer the following questions:

aAssuming you have RM30,000 in your savings, what type of car (between PERODUA & PROTON) can you purchase and how much of the apartment price can you afford? Critically explain by taking into consideration your financial position and some other factors which may affect your choice. You may provide a table to illustrate.