solved The year after you graduate from the MAcc program you

The year after you graduate from the MAcc program you decide it’s time to upgrade your life. New car, new house, new condo, new whatever. These are significant purchases and will most likely require a loan to purchase. Any time you need a loan for something, there will be an amortization schedule somewhere. I have always found it useful to do my own amortization schedule ahead of time, so that I can be an educated consumer. I’d like you to create your own schedule. In case you don’t already have an idea of something to buy, I’ll give you an example of an asset to purchase. If you have your own idea of what you’d like to buy however, please use that instead as it will make this assignment much more useful. In that case, check the bank websites to see what interest rates and loan terms are on the type of loan you are interested in (mortgage or car loan).