Fuel contract - A good deal?

[alfkan]

Someone who can tell if I've closed a good fuel-contract?
The numbers are: I'm paying 128300$ per month which gives me a discount of 8,4%. Contracts ends December 2006. I'm burning 1800 kg per week and my company is still growing (slowly...  )

[slither360]

Perhaps you should try learning some math?

The calculation is very simple, anybody who has taken middle school math should be able to figure it out.

If you are having trouble, I suggest you check out http://khanacademy.org

It truly does wonders to the math abilities of many of the students I know...

[Pilot Oatmeal]

lol....

[alexgv1]

Someone who can tell if I've closed a good fuel-contract?
The numbers are: I'm paying 128300$ per month which gives me a discount of 8,4%. Contracts ends December 2006. I'm burning 1800 kg per week and my company is still growing (slowly...  )

If you want someone to work it out for you then you would also need to disclose the current fuel price, or even better your monthly fuel bill for a completed month.

If you wish to learn how to calculate it yourself then a forum search on "fuel management" will yield many threads with the steps to work it out.

[JumboShrimp]

Month are tricky, since in AWS, a month can be 4 or 5 weeks.  The best is to convert everything to daily basis (monthly contract / 30, weekly fuel consumption from income statement / 7).