Monday, June 2, 2014

sport car price 60000?

Q. sport car price 60000
depreciates at 14% per year
how long to the nearest year will it dep to 18000


Answer
V = P(1-r)^n = P(0.86)^n
18000 = 60000(0.86)^n
.86^n = 18000/60000 = 0.30
n = log(.30)/log(.86) â 7.983 â 8 years
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Honda Accord First Car??? Help?




Zack G35


Ok , i like the Honda Accord a 05,06,or 07 V6 Coupe I was wondering if the insurance would be that bad and if it would be a big difference between a 2006 Honda Civic coupe and an Accord V6 Coupe. An Accord sum what close to this http://www.autotrader.com/fyc/vdp.jsp?car_id=235725725&dealer_id=1070013&car_year=2007&model=ACCORD&num_records=25&systime=&make2=&start_year=2006&keywordsfyc=&keywordsfyc=&keywordsrep=&keywordsrep=&engine=6+Cylinder&certified=&body_code=0&fuel=&only_price=1&awsp=false&search_type=both&distance=0&marketZipError=false&search_lang=en&make=HONDA&keywords_display=&color=&page_location=findacar%3A%3Aispsearchform&min_price=8000&drive=&default_sort=priceDESC&max_mileage=60000&style_flag=1&sort_type=priceDESC&address=34685&advanced=y&only_photo=1&end_year=2009&doors=Two+Door&transmission=Automatic&max_price=19000&cardist=715


Answer
Accord V6 manual 6spd is a great car. Very sporty and fast. Hopefully insurance companys dont think of it as a sports car. But accords usually get cheaper insurance. Since most accords are grocery getters anyways. Civic on the other have are more like sports cars and get stolen left and right. It all depends where you live and how old you are. Assuming you have a good driving record. I would say the civic;s insurance would be more. I use to be a state farm agent and use to compare insurance rates.

I used to do alot of quotes so hope this helps.

Just give your insurance company a call and get a quote.




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