Hot Wheels Assignment
Gia De Choudens, Hour 7
Yearly/Monthly Payments-Salary: $30,000
Taxes: $75,000/ $625
Housing: $10,500/ $875
Food: $4,500/ $375
Savings: $1,500/ $125
Transportation:
Payment: $3,000/ $250
Other: $1,500/ $125
Medical: $900/ $75
Miscellaneous: $600/ $50
Car Payment- Yearly/Monthly: $1,125/ $93.75
3 Year Plan: $3,187.37
4 Year Plan: $4,172
5 Year Plan: $5,121.85
2004 Jeep Grand Cherokee: $3,900
Monthly Payments
3, 4, and 5 Year plans:
3 Year: $114.71 (more than I can afford)
4 Year: $87.62
5 Year: $71.38
I chose the 5 Year Plan:
Total amount paid: $4,282.80
Website: http://www.edmunds.com/jeep/grand-cherokee/2004/?sub=suv