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Published byJessica Watkins Modified over 9 years ago
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By: Myles Bouchard
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Sewage suckage My business is a sewage suck age business for your sewage needs. The source of Revenue are cleaning out sumps, sewage, and holding tanks. Expenses would be mostly gas and repairs, but if they’re more trucks I would have probably lease them.
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Profit And Loss Revenue Ave: 6242.5, Expenses Ave: 569.42, Net Income: 5673.1 The spring, summer, and fall months make most the money because the winter months are mostly for repair and sump work for little Income.
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Buying My Future Car 2012 Ford Fusion - Accessories AM/FM/CD/MP3w/audio input jack and 4 speakers Air conditioning ABS 4-wheal disc brakes Cruise control Capless dual filler I picked this car because it is sporty and affordable.
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Lease Options -3 year lease Paying 14508 overall after the 3 years of leasing -4 year Lease Paying 17856 overall after the 3 years of leasing
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Finance Options -5 year Financial Cost Total cost of Vehicle after 5 years: $19651.37 -6 year Financial Cost Total cost of vehicle after 5 years: $19688.66 N=60 I%=5.79 PV=-19651.37 PMT=378 N=72 I%=6.29 PV=-19688.66 PMT=329
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I am going to Finance for 5 years I am financing for 5 years because I want to own the car and add any features down the road at my will. I picked the 5 year over the 6 year simply because it is just cheaper and I will get my car payed off quicker even though it mean higher monthly costs.
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