Closer to Real Life By: Monique Garcia. -1 Room -1 Bathroom -Living Room -Kitchen Price: $40,000 Cambridge Apartments 1223 Beacon St. Brookline, MA 02446.

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Presentation transcript:

Closer to Real Life By: Monique Garcia

-1 Room -1 Bathroom -Living Room -Kitchen Price: $40,000 Cambridge Apartments 1223 Beacon St. Brookline, MA 02446

Price: $25,000 USED! 2003 BMW X5

Labrador Retriever Price: $300

Mac Book Pro Price: $1, GB memory 250GB hard drive 15-inch: 2.53GHz

Personal Expenses: Cloth, Accessories, Make- up, Partying, food, dog food, phone, water,cable super market. $30,000

InterestTaxes Loan term (years) Sale Value ($) Montly Payment Total Interest paid Total Tax PaidTotal Value Cambridge Apartments 7% 0.50 % 15 years $40,000$376.20$24,715.64$3,000$67, BMW X5 (2003) 12% 0.50 % 5 years $25,000$566.53$8,366.67$625$33, Labrador retriver 12% 0.50 % 5 years $300$6.80$100.40$7.50$ MacBook Pro 12% 0.50 % 5 years $1,699$38.50$568.60$42.48$2, Personal Expenses 11% 0.50 % 10 years $30,000$425.75$19,590$1,500$51,090 $96,999$1,413.78$53,341.31$5, $155,

Salary$80,000 After Taxes$76,000 Monthly Income$6, Total Monthly Payments$1, Income Left$4,919.55

Monthly Income: $6, Savings: Ridgestone Bank Rate 2.47% Saving: $2,500 per month Income Left per month: $3, Zs6649ZZ&CLK= &accounttype=savings&type=savings&amount=24999&loanamount=-- +Loan+Amount&term=&loantype=2&state=&submit.x=50&submit.y=19

pg=1067&area1=y&prvpg=1067&state=ma&prvpg=1067&rgn1=114&prvpg=1067&rent_minimum=0&p rvpg=1067&rent_maximum=99999&prvpg=1067&mode=6144&prvpg=1067&srt1=0.44&prvpg=1067 &srt2=0.39&prvpg=1067&srt3=0.61&prvpg=1067&lid=More_Details&prvpg=1067&pdriveit=0&pdri vefrm=1#MenuItem NAUS-K2-BUYNOW-MACBOOKPRO-FEATURES&cp=BUYNOW-MACBOOKPRO-FEATURES Bibliography