Activity08_car by xuyuzhu

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									Activity #8 - car




                                                     Vehicle Payment Calculator
                                                                        Example                Vehicle #1   Vehicle #2
            Make of Car                                                             Pontiac
            Model of Car                                                            Torrent
            Year of Car                                                               2006
            Dealership Name & City                              Kightlingers, Coudersport PA


            Purchase price                                                          $19,700
            Down payment                                                             $1,000
            Trade-in value (If you are trading in a car)                               $500
            Interest rate (Go to website listed to find rate)                        3.05%
            http://www.bankrate.com/funnel/auto/
            Length of loan (in months)                                                   60


            Monthly payment                                                     ($327.43)
            Total cost                                                        $21,146.08

								
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