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  • Dream Car: Alex Underwood, 6th Period

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    taylor
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    Alex Underwood wants a 2000s Chevrolet S10 that costs $15,000. Adding a cold weather package for $950 and anti-theft alarm for $900 brings the total to $16,850. With a 20% down payment of $3,370, the remaining balance of $13,480 would be financed at 4.5% interest over 4 years. This results in monthly payments of $8.43.

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    Alex Underwood wants a 2000s Chevrolet S10 that costs $15,000. Adding a cold weather package for $950 and anti-theft alarm for $900 brings the total to $16,850. With a 20% down payment of $3,370, the remaining balance of $13,480 would be financed at 4.5% interest over 4 years. This results in monthly payments of $8.43.

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    © All Rights Reserved
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    10 views7 pages

    Dream Car: Alex Underwood, 6th Period

    Uploaded by

    taylor
    Alex Underwood wants a 2000s Chevrolet S10 that costs $15,000. Adding a cold weather package for $950 and anti-theft alarm for $900 brings the total to $16,850. With a 20% down payment of $3,370, the remaining balance of $13,480 would be financed at 4.5% interest over 4 years. This results in monthly payments of $8.43.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 7

    DREAM CAR

    Alex Underwood, 6th period


    2000s, Chevrolet s10
    COLD WEATHER PACKAGE $950 AND
    ANTI THEFT ALARM SYSTEM $90

    $950 + $900 = $185

    PRICING

    • $15,000 +$950 +$900 = $16,85

    • $16,850 dollars in total


    0

    • $16850 x 20 = 337000 / 100 = $3370 down payment

    • $16850 - 3370 = $13480 remaining

    • 13480 x 4.5 = 60660 / 100 =606.60

    • 606.60 / 6 = 101.10 / 12 = $8.43 monthly payment.

    THAT IS ALL FOR MY PRESENTATION


    • Have a wonderful day

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