mmmcars - You will select a situation with the down payment...

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You will select a situation with the down payment and monthly amount you can afford. Down Payment _____________ Monthly Payment _____________ Number of months _____________ 1. Find the total amount you can afford to buy a car. www.wachovia.com go to auto financing calculator How much car can I afford? ______________________________ 2. Now select a car. www.yahoo.com Auto a) Retail Price ___________ b) Make ______________ c) Model ______________ d) Year __2002 d) Special Options ______________ Print a description and picture of the car. 3. Read at least one review on the car. Edmunds.com Consumer Guide Write down three things you have learned from the reviews a) b)
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c) 4. Find the book value (invoice) of the car. ___________________ (do not include destination charges) www.edmunds.com 5. Find the percent of mark-up of the car. ______________________ (Retail – invoice) invoice = % of mark-up 6. A) Complete a table for paying off the car. (We will work on this in class.) You may want to check your work at the Wachovia website. b) Graph the Unpaid Balance, Depreciated Value, and Equity.
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This note was uploaded on 01/24/2012 for the course HUM 9999 taught by Professor Variousprofessorslisted during the Summer '06 term at Abilene Christian University.

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mmmcars - You will select a situation with the down payment...

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