Step 1: Gather materials and necessary information. a) You will collect information about a used car of your choice and a loan. • Search for a used car you think you would like to buy someday using an Internet search engine for “used cars for sale.” The car cannot be more than $15,000. o Save a picture of the car. o Record the price, mileage, year, make, model, and location of where to buy the car. • Search for loan options with a bank and a credit union of your choice. For both options find. o APR o Restrictions on the loan options o Additional fees o Finance charges o Repayment periods b) Be sure to keep a list of your references so you can cite them later.

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Answer:

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Step-by-step explanation:

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