by: myles bouchard. sewage suckage my business is a sewage suck age business for your sewage needs....
TRANSCRIPT
UNIT 2 – FINANCEFINAL PROJECT
By: Myles Bouchard
Sewage suckage My business is a sewage suck age
business for your sewage needs. The source of Revenue are cleaning
out sumps, sewage, and holding tanks.
Expenses would be mostly gas and repairs, but if they’re more trucks I would have probably lease them.
Profit And Loss
Revenue Ave: 6242.5, Expenses Ave: 569.42, Net Income: 5673.1
The spring, summer, and fall months make most the money because the winter months are mostly for repair and sump work for little Income.
Buying My Future Car 2012 Ford Fusion
-Accessories AM/FM/CD/MP3w/audio input jack and 4 speakersAir conditioningABS 4-wheal disc brakesCruise controlCapless dual filler
I picked this car because it is sporty and affordable.
Lease Options
-3 year lease
Paying 14508 overall after the 3 years of leasing
-4 year Lease
Paying 17856 overall after the 3 years of leasing
Finance Options
-5 year Financial Cost
Total cost of Vehicle after 5 years: $19651.37
-6 year Financial Cost
Total cost of vehicle after 5 years: $19688.66
N=60I%=5.79PV=-19651.37PMT=378
N=72I%=6.29PV=-19688.66PMT=329
I am going to Finance for 5 years I am financing for 5 years because I
want to own the car and add any features down the road at my will. I picked the 5 year over the 6 year simply because it is just cheaper and I will get my car payed off quicker even though it mean higher monthly costs.