FIN 420 ASSIST Future Starts Here/fin420assist.com FIN 420 ASSIST Future Starts Here/fin420assist.com | Page 9

Visit a site such as www . bankrate . com to determine current rates for both a 60-month and a 36-month loan on a new car where the buyer must finance $ 20,000 . Using the loan calculator , what is the difference in monthly payments between the 60-month loan and the 36-month loan ? Review the amortization tables . What is the difference in total interest one would pay over the life of these two loans ? What do these differences show you about the true cost of the car ?. =================================================== FIN 420 Week 4 Individual Assignment Mutual Fund

Evaluation

FOR MORE CLASSES VISIT www . fin420assist . com

� � � � �

� �

Choose a mutual fund family such as Vanguard , American Funds , T . Rowe Price , and so forth . Identify one mutual fund from that family for each of the following categories : Actively managed common stock fund Fixed income fund Balanced fund International fund Fund devoted to retirement investing Write a 350- to 700-word mutual fund evaluation for each mutual fund using the worksheet of your financial plan as a template . Include the following in your evaluation : Analysis of the characteristics of each fund Recommendation of the type of investor to which each fund is suited =================================================== FIN 420 Week 4 Personal Finance Quiz