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families who could not afford the loan payments once the interest rates
increased. Do you believe this loan option was used appropriately in
recent years? Why or why not? Under what circumstances does the
use of ARMs make sense? Please explain.
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FIN 420 Week 4 DQ 2

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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?.
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FIN 420 Week 4 Individual Assignment Mutual Fund
Evaluation

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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