Help please!

Project I Spring 2018 2 Weers You will need to consider buying a car upon graduation. This exercise should help clarify some of the concepts and issues involved so that you will not be completely at the mercy of the salesperson. Write your final answers to each question on this sheet. Attach sheets showing all your work neatly done Your work should include the Differential Equation(s) used and show their solution(s). If you use Derive, Excell, or some other program to help with the calculations, please attach printouts of those screens or copy all the details and indicate where things came from. You must do your own work. Do not talk to your classmates about this problem or what you are doing. What car do you want to buy? 2013 Tesla meie 3 How much does the car cost that you want to buy? 35 (a) How much of a down-payment can you make? Assuming an APR of 8.5%, what will your monthly payment be for a 36 month loan? for a 48 month loan? for a 60 month loan? What is the total amount of money you have to pay out for each of these three different terms? How much of a monthly payment can you afford? Forget about part (a). How long do you want to take the loan for (36, 48, or 60 months)? Assuming an APR of 7.9%, how large of a loan can you finance? How large of a down-payment will you now need? (b) Forget about the above parts. How much of a down-payment can you make? How much of a monthly payment can you afford? How long do you want to take the loan for (36,48, or 60 months)? What annual interest rate do you have to try to get? (c)