Hayden Mobile 3000 By Mr. Hayden. 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.

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Presentation transcript:

Hayden Mobile 3000 By Mr. Hayden

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

Cost of Insurance Annual Cost: $ Semi-Annual Cost:  $980.44/2 = $ Quarterly Cost:  $980.44/4 = $ 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 Day of the Week Number of Cars

Monthly Payments Simple Interest (I = PRT)  P = $62,  R = 6% =.06  T = 5 years  I = PRT = ($62,920.55)(.06)(5) = $18, Total Money Paid  $62, $18, = $81, Monthly Payment  $81,796.72/60 = $1,363.28

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