HW #1
1. Suppose you currently have $5,000 in your Savings Account and plan to save $670 a
month for the first 5 years (saved dollars are available at the end of each month) and
$12,225 a year (saved
Suppose you currently have $5,000 in your Savings Account and plan to save $670 a month forthe ﬁrst 5 years {saved dollars are available at the
end of each month} and $12,225 a year {saved dollars are
As a winner of a competition. you can choose from one ofthe I'ollowing prizes:
a. sioopoo now
h.$1&D.DC-D at the end ol'ﬁye years
c. 10 end-of—ﬂte-year receipts oftBJZiCl-D each
d. B oeginning—of-HEye
Suppose you currently have $5,0DCII in your bani: aooount and plan to save $570 a month {sari-ed dollars are ayailable at the end of each month] for
the ﬁrst 5 years and $12,225 a year [say-ed dollars
You are out shopping fora new car. ‘u'ou have found a Toyota Sienna priced at 34.455. The dealer has told you that lfyou can come up with a down
payment of sac-c. he would be willing to ﬁnance the bal
< Question 1 {of 5] V >
1 . Award: 10 out 0f10.00 points
Suppose you currently have $5,000 in your Savings Account and plan to save $6?0 a month for the ﬁrst 5 years {saved dollars are available at th
1. Award: 10 out of10.00 points
9 You received (:redit for this question in a previous attempt
Suppose you currently have $5,000 in your Savings Account and plan to save $670 a month for the ﬁrs
Suppose you currently have $5.000 in your Savings Account and plan to save $670 a month for the ﬁrst 5 years {saved dollars are available at the
end of each month} and 512.225 a year {saved dollars ar
During the term of the lease the _ has the right of possession of the property.
TENANT
Chattel is the traditional term for:
personal
property
A life estate grants a person:
the right to be a tenant
fo