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Left college with debt on four credit cards and now has 60,000 Aed outstanding balances at a yearly interest rate of 21.9%. Making a minimum payment of 1200 Aed per month. Salem said he was prioritizing this bill since it would have the largest impact on his credit score. He would like to pay off his credit card within 5 years so he can start saving for other things. Incurred student debt of 140,000 Aed, with a 4.45% interest rate for the 10 year term. He has missed his last three payments. Salem had heard that there was a government plan to forgive student loans after 10 years so he wasn't too concerned about missing those payments. Purchased a new BMW 5 series as a present to himself after graduating from college and has a 140,000 Aed loan outstanding at 2.99% interest over a 5 year term. He hasn't made a payment in three months. Salem had resigned himself to the fact that he could always just sell the car and all would be good if he will continue living in Dubai Marina because he can take the metro to go working. 3. Complete the table below, listing each of Salem's debts and use this loan calculator (Loan Calculator (Bankrate) to calculate his monthlv navmente TOTAL Monthly Payments 4. What misconceptions should Maitha correct during her meeting with Salem? 5. Based on Maitha's recommendations in #2, will Salem be able to cover his TOTAL monthly debt payments (\#3)