Order Instructions

Of the many concepts addressed and detailed in this Module (and Chapter Three of the Brooks text) is the notion of determining the total cost of a loan (including interest), which can be applied to a home loan, student loan, or car loan (among others). In detail (400-500 words), please determine the total cost of a loan you currently have (or will have). Describe the loan in detail and your justification for assuming the debt. How was it necessary at this point in your life? Do you regret taking it? Was it an investment in yourself? Would you take the loan again under the same terms and conditions? Thoughtfully considering, assessing, and evaluating a personal (or business) loan can allow us to consider future debt more carefully. I look forward to reading your thoughts and analyses.

Submit your essay and evaluation as a a 400-500 word paper in APA format (both in-text and reference citations are required). Consult the Case Study grading rubric available below. Late assignments will receive a 10% deduction per day late.

Here is a sample APA paper you can use as a template: APA-Template_2020(1).docx