If you plan to purchase a car, the following links will be helpful to get the total cost of your car.
Cars Direct www.carsdirect.com
CarMax www.carmax.com
Total Cost of the Car is $
To calculate your monthly car payment, use 5% financing. Using the PMT function on the spreadsheet, calculate your monthly car payment. The formula result should match the calculation from Yahoo! Autos.
Monthly Car Payment is $
Monthly Car Insurance is $ ___ 95.00___
Monthly Gas Cost is $ ___ 30.00___
Total Monthly Transportation $
If you aren’t purchasing a car, you need to pay for Public Transportation.
Monthly Transportation Cost is $ _ 48.00____
After entering transportation costs in your spreadsheet, please submit Step #3
When Step #3 is completed, PROCEED TO Step #4