Download presentation
Presentation is loading. Please wait.
Published bySuzan Smith Modified over 8 years ago
1
Hayden Mobile 3000 By Mr. Hayden
2
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
3
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
4
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
5
Cars Sold Day of the Week Number of Cars
6
Monthly Payments Simple Interest (I = PRT) P = $62,920.55 R = 6% =.06 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
7
Conclusion In conclusion, the Hayden Mobile 3000 is a great choice for someone looking for a sports car. The cost with sales tax is $62,920.55. 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.
Similar presentations
© 2025 SlidePlayer.com. Inc.
All rights reserved.