Name: __________________________________
Date: _______________
Unit 3 Major Purchases TGA ~ 55 Points
Saving your TGA: Last Name, First Name Initial Student ID#_3.11 Major Purchases TGA.
Example: Smith, J 1234567_3.11 Major Purchases TGA
When you are done, use the Dropbox to turn in your completed assignment.
In just a few short months, you will be making some life changing decisions. You’ve already explored a career choice by
completing the Get a Job TGA. Today, we will be taking a look at some of the biggest expenses a person makes
throughout their lifetime. First, you will be searching for new and used cars that you are interested in and calculating how
much it would cost to finance these vehicles. Second, you will be using a budget to search for a place to live.
Buying a Car
Step 1: What are your priorities? (5 Points)
List 5 priorities that you must have in a vehicle. Explain why each of these priorities are important to you. Some potential
priorities could be safety, style, size, gas mileage, low cost to own, look, comfort, low price, handling, reliability, comfort,
power, room, trunk space, etc…
1.)
2.)
3.)
4.)
5.)
Step 2: Choose your Vehicle (10 Points)
Build and price a new car. Fill in the information about your car on the table below and provide 2 pictures of your car (1
Exterior / 1 Interior). I have provided links to some car manufacturer websites below. If you do not find the manufacturer
you like, feel free to go to their website.
New Car Websites
www.chevrolet.com
www.ford.com
www.dodge.com
www.toyota.com
www.kia.com/us/en/home
www.hyundaiusa.com
www.ramtrucks.com
Build and Price a New Car
Web Address:
Make:
3 Features
1
2
3
Model:
Year:
Why did you choose this car?
2 Pictures of the vehicle (1 Exterior and 1 Interior):
Price:
Find a similar car to the one you chose / built above. It must be 5 years, or more, older than the new car above. It can be
the same make and model, or it can be a different make or model. It just needs to be similar to the new one you found
above.
Used Car Websites
www.autotrader.com
www.carmax.com
www.truecar.com
www.edmunds.com
www.carmax.com
www.craigslist.com
Used Car
Web Address:
Make:
3 Features
1
2
3
Model:
Year:
Why did you choose this car?
Price:
2 Pictures of the vehicle (1 Exterior and 1 Interior):
Step 3: Purchase your vehicle. (10 Points)
Purchase your vehicle. There are many options to do this. You could pay cash, you could lease (rent / pay for
depreciation), or you could finance (get a loan) your purchase. For this assignment, we are going to finance your purchase.
Go to: https://www.amortization-calc.com/auto-car-loan-calculator/
Vehicle #1: Financing Your New Car Vehicle
Loan Amount:
Monthly Payment:
Term: 5 Years (60 Months)
Interest Rate: 3%
Interest Paid:
Total Paid:
Payoff Date:
Vehicle #2: Financing Your Used Car Vehicle
Loan Amount:
Monthly Payment:
Term: 5 Years (60 Months)
Interest Rate: 6%
Interest Paid:
Total Paid:
Payoff Date:
Step 4: Summary (5 Points)
What did you learn about purchasing a car from this assignment? Which option was more expensive? Are you more likely
to purchase a new or used car based on what you have learned? In the future, would you finance a car or would you rather
pay cash for a car? Why? What are some hidden costs to owning a car?
Renting an Apartment
Step 1: What are your priorities? (5 Points)
Size
Amenities
Price
Location
Property Rules
Facilities
The Landlord
Appliances
Closets, Storage Space, Power
Outlets
Lease Details
Length of Lease
Parking / Transportation
Utilities
Deposit
Safety
Bathroom
Windows and Lighting
Age of Rental
Bathrooms
Mice, Pests, Mold Control
Out of the twenty factors listed, decide which five are the most important to you. Explain why, what you want and how
you can check a rental for that factor.
1.)
2.)
3.)
4.)
5.)
Step 2: Choose your apartment. (10 Points)
Now that you have prioritized your requirements, look for wo rentals in the same city / town. You can use:
http://www.apartments.com or similar website.
One rental should be a corporate housing development. Visit their website for more information. Also, google
rental reviews for the apartment complex.
Budget: It should be no more than 25% of your monthly income of $2,400.
You Monthly Budget = ______________
You may have a roommate(s).
*** Don’t forget your summary on the last page. ***
Rental Property #1:
Web Address:
Location:
Price:
Application Fee:
Property Address:
Size (Sq. Ft.):
Type of Parking:
Bedrooms:
Nearest Public Transportation:
Bathrooms:
Private / Corporate Owner:
Property Reviews:
2 Pictures of Rental Property:
Utilities:
Amenities:
Rental Property #2:
Web Address:
Location:
Price:
Application Fee:
Property Address:
Size (Sq. Ft.):
Type of Parking:
Bedrooms:
Nearest Public Transportation:
Bathrooms:
Private / Corporate Owner:
Utilities:
Amenities:
Property Reviews:
2 Pictures of Rental Property:
Step 3: Summary (10 Points)
Paragraph 1: What is the price of the property you chose? How do you plan to pay your monthly rent payment
if the price is over your budget? Will you have roommates? How many roommates will you have? How much
will each of you have to pay? How would you go about finding roommates?
Paragraph 2: How did you determine why it was right for you? What are the pros and cons of this property?
Which priorities does this property have? Which priorities does this property lack? What made you choose this
property? Who is it owned by?
Paragraph 3: Did anything about this assignment surprise you? Why or why not? What will you do differently
in the future now that you have this information about renting?
Software Developer
Name:
Institution:
Date:
Software Developer
Software developers build
information technology
applications, programs and systems
that are used on a day to day basis
both at home and in the
professional world.
Software developers work in all
organizations that have an IT
foundation.
For example, in the manufacturing
sectors, software developers play a
vital role in enhancing efficiency by
developing systems that simplify the
manufacturing processes.
Median Pay
Software Developer
Becoming a Software
developer
In many cases, software developers
have a bachelor’s degree in computer
science. However, to become a
software developer, one need to have
strong computer programming skills.
A person can thus become a software
developer by acquiring the right
programming skills and applying them by
building applications and systems.
People with strong computer
programming backgrounds and no
bachelor’s degree tend to have a better
chance of becoming software
developers than individuals with a
computer science degree and no
computer science background.
Important Qualities
Analytical skills. Software developers
must be able to analyze situations and
create solutions in terms of software.
Creativity. A software developer must be
creative enough to build genius
software.
Detail oriented. Software developers are
attentive to details as these details
determine the end product.
Interpersonal skills. Software developers
have good communication and
collaborative skills necessary when
looking to work in teams.
Software Developer
What they do
Analyzing a project’s needs
Recommend changes to improve
software or system efficiency.
Ensure continued functionality of
systems and programs.
Develop new software and
systems.
Software Developer
Job Outlook
21% projected growth from 2018
to 2028.
The rate is faster than the
average for all other
occupations.
Demand for software developers
is rising because of the continued
application of technologies in all
industries.
My Taxes
What is your Federal effective tax rate? 24%
Federal Tax Amount for Your Income? $29,565.20
FICA (Social Security) Effective Tax Rate? 7.65%
FICA (Social Security) Amount for your income? $8,077.64
What is your State effective tax rate? 4%
California Tax Amount for your income? $ 4,223.60
Total Income Taxes $41,866.44
Take home pay
Annual salary: $105,590
Total Income Taxes $41,866.44
=
Net Income $63,723.56
Software Developer
I choose this career because
I love being creative and
innovative
It has been my childhood dream
I believe technology will save the
world from many problems
I am inspired by the work done by
Elon Musk
Software Developer
Possible issues
High burnout rates
Strict deadlines
Increasing competitiveness in the
market
Requires high skills
Poor leadership and
management
Any questions?
Software Developer
Name:
Institution:
Date:
Software Developer
Software developers build
information technology
applications, programs and systems
that are used on a day to day basis
both at home and in the
professional world.
Software developers work in all
organizations that have an IT
foundation.
For example, in the manufacturing
sectors, software developers play a
vital role in enhancing efficiency by
developing systems that simplify the
manufacturing processes.
Median Pay
Software Developer
Becoming a Software
developer
In many cases, software developers
have a bachelor’s degree in computer
science. However, to become a
software developer, one need to have
strong computer programming skills.
A person can thus become a software
developer by acquiring the right
programming skills and applying them by
building applications and systems.
People with strong computer
programming backgrounds and no
bachelor’s degree tend to have a better
chance of becoming software
developers than individuals with a
computer science degree and no
computer science background.
Important Qualities
Analytical skills. Software developers
must be able to analyze situations and
create solutions in terms of software.
Creativity. A software developer must be
creative enough to build genius
software.
Detail oriented. Software developers are
attentive to details as these details
determine the end product.
Interpersonal skills. Software developers
have good communication and
collaborative skills necessary when
looking to work in teams.
Software Developer
What they do
Analyzing a project’s needs
Recommend changes to improve
software or system efficiency.
Ensure continued functionality of
systems and programs.
Develop new software and
systems.
Software Developer
Job Outlook
21% projected growth from 2018
to 2028.
The rate is faster than the
average for all other
occupations.
Demand for software developers
is rising because of the continued
application of technologies in all
industries.
My Taxes
What is your Federal effective tax rate? 24%
Federal Tax Amount for Your Income? $29,565.20
FICA (Social Security) Effective Tax Rate? 7.65%
FICA (Social Security) Amount for your income? $8,077.64
What is your State effective tax rate? 4%
California Tax Amount for your income? $ 4,223.60
Total Income Taxes $41,866.44
Take home pay
Annual salary: $105,590
Total Income Taxes $41,866.44
=
Net Income $63,723.56
Software Developer
I choose this career because
I love being creative and
innovative
It has been my childhood dream
I believe technology will save the
world from many problems
I am inspired by the work done by
Elon Musk
Software Developer
Possible issues
High burnout rates
Strict deadlines
Increasing competitiveness in the
market
Requires high skills
Poor leadership and
management
Any questions?
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