Science and Math of Cars/Cycles/Bikes Buying/ Ownership What makes them work?

Slides:

Advertisements

Similar presentations

STLRent2Buy.com Find your dream home And make it Yours!

Advertisements

Owning vs. Renting a Car economic group projects Due Thursday.

Consumer Math Mastery Test A

INTEREST What does that mean?. What interest would anyone have in lending you money?

Chapter 19 Transportation. Options Mass transit= transportation systems like TANK buses Saves energy, money, pollution Pg 483 fig 19-2.

Consumer Math p Definitions  Down payment – part of the price paid at the time of purchase  Financed – borrowed  Mortgage – a property loan.

Unit Home Ownership Learning Objectives: Understand the three requirements to buy a home How to calculate debt-to-income ratios Realize how home.

Are Hybrid Vehicles worth the extra cost? Ryan Pietropaolo NCSSM January 2012.

HAWKES LEARNING SYSTEMS math courseware specialists Copyright © 2011 Hawkes Learning Systems. All rights reserved. Hawkes Learning Systems: Prealgebra.

Present Value and Loans Mat 112. Now, let’s withdraw.

Buying a Vehicle Cost of owning a vehicle: 1.Purchase Price – Amount paid for a vehicle. It is important to shop around and compare prices. 2.Depreciation.

What are the pros and cons of owning a vehicle? Pros Cons.

6.8.  Formulas: Total # of monthly payments x Amount paid per month = Total amount of monthly payments Total amount of monthly payments + Down Payment.

7 Steps for Finding the Right Car. If you examine your needs rather than wants, you will quickly discover what the right car is for you.

Buying a Vehicle Cost of owning a vehicle: 1.Purchase Price – Amount paid for a vehicle 2.Depreciation - decrease in value over time 3.Financing - how.

Air traffic controller john. About air traffic controller A ir traffic controllers qualify for a complete package of federal benefits, including annual.

Estimating Ownership Costs 1. Purchase Price  Find the average price for a particular car model using Kelley Blue Book  Also find your trade in value.

COSTS OF BUYING A CAR PART 1 (IN THE FUTURE) Because you will likely need/want to drive places.

How to finance a car So you need a loan…. What is a down payment? This is the amount you already have saved up in cash to pay towards your car.

Buying a Vehicle. Do Now…. O You can have any car that you want. What would that car be? What color would it be? What would the interior look like? What.

Q3: Ms. Rigsby made a $40,000 down payment on a $165,000 house and took out a 20 year mortgage (at 6% compounded monthly) on the balance. How much will.

Assignment Task: This is an individual assignment. In a PowerPoint or word document answer the following questions for each section.

Gabriela Martinez 11/10/08 Honda Civic Honda Civic  Crash test rating: Good  MPG: 25 city/34 hwy miles  Affordable used car.

 Complete review questions 1-13  Take out everything you have done so far for your Budget Project and have it on your desk. › I’m coming around to check.

 It’s a great feeling when you buy your first house, but it comes with expenses that you didn’t have to worry about when you rented  Despite having more.

BUYING VS RENTING. BUYING Homeowner Advantages  Freedom of use  Pride of ownership  Greater Privacy  Income tax benefits  Opportunity to build credit.

Budget Template Names. Occupations Job 1 Salary Any benefits? (Company car, free food, discounted air travel?) Job 2 Salary Benefits?

7-1: Buying a Home. Costs of Financing a home: Purchase price = tag price Downpayment = a percentage of the purchase price; between 0% and 30% Interest.

TRANSPORTATION What are transportation options in your community? Average person spends 17% of their income on transportation. The breakdown is: 5.4% on.

Leasing vs. Owning: Which one has a higher monthly payment? a lease is based on only a percentage of the car’s price. – you only pay the difference between.

Transportation and Buying A Car CONSUMER ED. Overview  Transportation is considered a basic need.  Get to work, get to school, go shopping, etc.  Depending.

Engineering Economy Why is Engineering Economy important? Practical everyday questions –Should you finance your car or pay cash? Finance for $6995 –vs-

By Anthony Pham. Education Requirements 4 years of college 3 years of law school passing a written bar examination Others vary to state.

H233 Consumer Management Budget Expenses. Recommended Monthly Spending.

Fixed & Variable Costs Consumer Math

Value: How our economy is measured. Money/currency: The cash and coins we use. Treasury: controls the currency of our country. Economy: Products, people,

Test Drive your knowledge! See how much you know about budgeting. Click the ignition button to begin!

Brent Kempton. Savings retirement Holidays I’m going to save five dollars every month for retirement. For holidays I will save 50 dollars.

Reality Check. Buying a car that is Affordable Determine a reasonable figure you can afford to pay each month for owning and operating a car.

Buying a Car Jeopardy Final Jeopardy Car Buying Vocabulary Insurance Types of Coverage All.

The True Cost of Ownership What kind of car should you buy?

Moving Out Project Notes. The Assignment Budget based on 40 hours work per week at $15 per hour You will have choices to make about your expenses.

 College or University to attend:  The Ohio State  * Tuition  19,926 (1 year)  79,704(4 years)  * Major  Medical terminology or one of the life.

By, Cody Lee. My Job  The career I have chosen is electrician. I have chosen this career because it is a good and fun job.

Created by: Mr. Bock. Salary I choose to base my salary from a career as a teacher that makes $51,250 annually This equates to $788/week or $3,152.00/month.

Personal Finance: Automobile Payments & Maintenance

Solve this Problem. Make a plan & solve this problem Your monthly income is $1,000 Expenses + paying yourself 15% = $800 Car will need tires in 6 months.

Air Force Pilot Andrew Haase. Air Force Information Starting salary of $3,333 per month Benefits- Pays for rent of apartment Life insurance.

Chapter 9 Continued Understanding Fixed vs. Variable Costs.

Car Loan Company Loan Amount Yearly Interest Rate Monthly Interest Rate Length of Loan (in months) Monthly Loan Payment Car #1: 1997 BMW 318i.

LESSON 5 Buying a Car. Terms Review APR Coupe Collision Insurance Lease Liability Insurance Loan Minivan No-Fault Auto Insurance Sedan SUV (Sports Utility.

CAREER BUDGET NAME 2014 – 2015 CAREER?. CAREER Career Qualifications: Entry Level Pay: Education Loan Payment: Location: Employer: Insert Career Image.

Chapter 12.  Transportation and Society  When Do You Use Transportation?  Local, State, and Federal Transportation Offices  Transportation Options.

Transportation Choices. Focus Questions/Objectives 1.What is mass transit? 2.What is the most common form of private transportation? 3.What are some of.

Why create a budget?  A budget helps you understand where your money goes.  It helps you live within your means and meet your goals.  It helps you find.

Gettin’ a Car What does it cost? How do I get it?.

What to know? How much can you spend every month? What are Benefits to new, used & leases? Should I Buy or lease? Do I have a Down payment or Trade-In?

High School Math Teacher – Cobb County AND Part-time Tutor Annual Starting Salary - $42, Tutoring income $8,320 - Teaching income $34,427 Pre-Tax.

Easy Start 1Define the following key words: Asset, Liability, Gross profit, Net Profit, Creditor, Debtor, Cashflow, Balance sheet, Profit & loss, Expenses,

Car Shopping. Costs of Owning a Car Depreciation Interest on loan Insurance Registration fees, license, taxes Gas Oil/fluids Tires Maintenance and repairs.

Copyright 2014 © W. Seth Hunter ConsumerMath.org L12.3 Home Loans BUYING A HOUSE A home can be a castle, a refuge from outside influences. Prepare for.

The Cost of Car Ownership. Annual Cost to Own a Car Source: The following.

Aim: Money Matters: Amortization Course: Math Literacy Aim: How does money matter? Annuities in reverse: Amortization! Do Now:

BUYING ON CREDIT: INSTALLMENT PLAN BUY NOW, PAY LATER!

Making a Budget Independent Living October 27, 2015.

CAB OR CAR ? Find Out if you should Buy a CAR or NOT.

BUYING & LEASING A CAR Unit Two—Budgeting Standard 4 Financial Literacy Mrs. Morrey.

MAJOR EXPENDITURES: TRANSPORTATION Advanced Level.

BUYING A CAR OTTW BY: SPENCER JENKINS AND ETHAN WOLCOTT.

Week 5 Excel. JanFebMarAprMayJun Monthly Income 2700 Monthly Expenses Electric Water Cell Phones 130 Rent 800 Car Payments.

Presentation transcript:

Science and Math of Cars/Cycles/Bikes Buying/ Ownership What makes them work?

How Much Does a Car Cost? Do have enough to pay cash? If not then I need a loan. What will by monthly payments? –Depends on down payment and interest rate and length of loan.

Costs of ownership New Tires Gas Oil Repairs Insurance

Price of Gas Electric Cars Bio Fuels Gas Gets More Expensive!!!

Math of Tires

In the U.S. we throw away 240,000,000 tires per year!!!!

Science and Math of Car, Motorcycles, and Bikes