Individual Assignment #2 consists of 2 questions. Q1 accounts for 6 points which asks you to calculate the APR and EBC of three loan quotes. Q2 accounts for 4 points which asks you to calculate the incremental cost of borrowing (ICB) of borrowing an additional 10%. Both of the 2 questions are included in this Excel file with the instructions. Please download this Excel file, use the tables in this Excel file to do the calculations and to complete this assignment.