Moore Mobile 3000 Mrs. Moore.

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Presentation transcript:

Moore Mobile 3000 Mrs. Moore

Cost of the Car Cost: $58,804.25 Cost with Sales Tax Sales Tax = $58,804.25 x .07 = $4,116.30 Total Cost = $58,804.25 + $4,116.30 = $62,920.55

Cost of Insurance Annual Cost: $980.44 Semi-Annual Cost: $980.44/2 = $490.22 Quarterly Cost: $980.44/4 = $245.11 Monthly Cost: $980.44/12 = $81.70

Fuel Fuel Economy: 16.8 mpg Gas Tank: 25 gallons Cost of Gasoline: $3.15/gallon Cost to Fill the Tank: 25 gal x $3.15/gal = $78.75 Distance on a Full Tank 16.8 mpg x 25 gal = 420 miles

Cars Sold Number of Cars Day of the Week

Monthly Payments Simple Interest (I = PRT) Total Money Paid T = 5 years I = PRT = ($62,920.55)(.06)(5) = $18,876.17 Total Money Paid $62,920.55 + $18,876.17 = $81,796.72 Monthly Payment $81,796.72/60 = $1,363.28

Conclusion In conclusion, the Moore Mobile 3000 is a great choice for someone looking for a sports car. The cost with sales tax is $62,920.55. The car can be financed with a $1,363.28 monthly payment. The car has a fuel economy of 16.8 mpg and can go 420 miles on a full tank of gasoline.