HW4 - Auto Purchase data

HW4 - Auto Purchase data - 2.50% must be less than $20,000...

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Name Price MPG Type Yugo $17,000.00 35.0 compact Camry $28,000.00 27.0 mid-sized Odyseey $31,000.00 22.0 mini-van Porsche $80,000.00 14.0 luxury Assumptions Miles driven per year 12,000 Gas price per gallon(regular) $1.75 Gas price per gallon(premium) $1.90 Price to need premium fuel $30,000.00 Miles driven Maintenance cost/mile - 0.04 10,001.00 0.05 20,000.00 0.06 Insurance Type of Car Annual Insurance compact $1,100 luxury $3,200 mid-sized $2,300 mini-van $950 Loan Years 3 payments 36 interest rate 4% special rate
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Unformatted text preview: 2.50% must be less than $20,000 more than ___ mpg 30 type of car compact Loan % Car payments/month Loan payment/year Gas Price Fuel costs 2.5% $490.64 $5,887.72 1.75 $600.00 4.0% $826.67 $9,920.06 1.75 $777.78 4.0% $915.24 $10,982.92 1.90 $1,036.36 4.0% $2,361.92 $28,343.03 1.90 $1,628.57 Maintenance cost Insurance Total Annual cost $465.00 $1,100.00 $8,052.72 $465.00 $2,300.00 $13,462.84 $465.00 $950.00 $13,434.29 $465.00 $3,200.00 $33,636.60...
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This note was uploaded on 04/19/2011 for the course BITM 2701 taught by Professor Shim during the Spring '09 term at Seton Hall.

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HW4 - Auto Purchase data - 2.50% must be less than $20,000...

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