Task 4: Purchase a Vehicle
You are turning 16 and your parents have agreed to let you buy a car! You need to choose a car and find a loan. You need to decide how long you want to take the loan out for (48 or 60 months). After doing this, you must calculate the sales tax, interest, and monthly payment.
Find a Car
Find a car! Record the cost, calculate the sales tax and determine the price of the car with tax.
Find a car! Record the cost, calculate the sales tax and determine the price of the car with tax.
Find a Loan
Decide how long you want to take your loan out and find the appropriate interest rate. Calculate the amount of interest you will pay, then determine what your monthly payment will be.
Decide how long you want to take your loan out and find the appropriate interest rate. Calculate the amount of interest you will pay, then determine what your monthly payment will be.