sample numbers

[Mike Lysik]

Hi Guys

I can see it's been a busy morning...I just completed the survey, and I'm in favor of selection #1.  Not that I don't REALLY like or want the other two, but I can't fly them until I get a complex rating, and eagle doesn't offer complex training at this time.  Maybe if the club is someday able to buy a second plane we could go complex.

Steve, nice job on the survey!

Mike
  ----- Original Message ----- 
  From: Bob Irving 
  To: 'Bob Irving' ; eefc-core at workingcode.com 
  Sent: Saturday, April 11, 2009 11:12 AM
  Subject: RE: sample numbers


  I can see that the 195 HP Hawk engine might burn a little more gas and might cost more to maintain - 6 cyl.  But the Cardinal engine is a 4-cyl  O-360 @ 180 hp. Possible slightly more gas but shouldn't be much more than the 172 on engine maintenance.

   

  From: eefc-core-bounces at workingcode.com [mailto:eefc-core-bounces at workingcode.com] On Behalf Of Bob Irving
  Sent: Saturday, April 11, 2009 10:55 AM
  To: eefc-core at workingcode.com
  Subject: sample numbers

   

  At 20% down payment, 7.1% interest rate, and 15 members I come up with the following numbers. What am i missing?

   

  40,000 = 600 initial/75 per month/65 per hour

  50,000 = 700 initial/80 per month/65 per hour

  60,000= 800 initial/85 per month/65 per hour



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