For this discussion, I want you to create your own amortizationschedule from scratch. Choose a major purchase that you might buyon credit with a short loan, such as kitchen appliances, awasher/dryer set. Create the schedule to see in black and whitewhat the financial ramifications are of purchasing something oncredit. Play around with the purchase price, interest, length ofloan, and down payment. Discuss how those changes affected thetotal purchase price, including interest. Attach your amortizationschedule to your discussion post.
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