Student Car Loan

Presentation is in two parts. The first part will explain the basic information about your topic (Student car loans) and the second part will evaluate a product (2023 Toyota Camry Sport SE) Below are the minimum requirements that must be included: Part I 1. Define your topic (Student Car Loan) 2. Define key terms (principle, interest, balance, co-signer, defaulting on your loan, and other other terms you come across in your research) 3. How your topic can be used 4) Fees that could apply 5) How to make payments 6) How to read your monthly statement 7) Brief description of different loan types 8) How interest is calculated each month 9) How minimum payments are calculated 10) Consequences for late payments 11) Application process 12 Things to look for or avoid Part II Explain a single product that is marketed toward 18-23 year olds (2023 Toyota Camry Sport SE). You must explain the product, evaluate it based on what you learned in part one and offer a recommendation if they should or should not consider applying for this particular loan. 1) Explain the product 2) Summary of terms and conditions 3) Explain the fees and how this particular bank calculates them 4) What is the interest rate range? 5) What does your credit score have to be to qualify 6) How does this bank/lender accept payments 7) What are the benefits of this loan 8) What are possible traps 9) Should you consider this loan or not and why