1 Consider each of the following case studies For each scenario, use the internet to research appropriate accommodations include a detailed estimate of the total monthly expenses colated to the accommodation selected Monthly expenses should include: montrent or mortgage payment monthlythy biliyou may luve o assume utility costs in some cases se meson notes for suggested values) Case Study 1 Kevin has recently graduated from a college program in Computer Engineering Technology and has accepted a job with a computer networking company in Kitchener, Ontario Kevin would like to rent a one-bedroom apartment. Ho cantord to spend between $1000 and 51900 per month for rent plus uolities. He doesn't smoke or have any pets, but dos require parking Fridere appropriate accommodations for Kevin Give a brief description of each For each option, estate Kevin's total monthly expenditures for his accommodations. Select one of the three accommodations that you think is best for Kevin and give reasons for your choice. Also, describe why penting may be the best option for Kevin. Case Study 2 Pratima and her husband Chat are considering purchasing about in Bellevile, Ontario Patr works as Carthed General Accountant, while Chad is an estrutor for a construction contracting company. They have a three year old son, and are expecting a second child within a few months. They are looking for a real house in a dential area, preferably close to a school. They have budgeted to spend 53000005350 000 on a home with their savings. They have enough for a 550 000 down payment plus all closing costs Find proposes of satisty their requirements. Give a brief description of each For each option, estimate the total monthly expenditures for accommodations, including mogao pyments (You can use the TVM Solver to calculate the PMT Use an interest of Word over 25 years. Solec one of the three accommodations that you think is best for and Chad, and give reasons for your choice 1. Consider each of the following case studies. For each scenario, use the internet to research appropriate accommodations. Include a detailed estimate of the total monthly expenses related to the accommodation selected Monthly expenses should include: monthly rent or mortgage payment monthly utility bills (you may have to assume utility costs in some cases - use the lesson notes for suggested values) Case Study 1 Case Study 1 Kevin has recently graduated from a college program in Computer Engineering Technology and has accepted a job with a computer networking company in Kitchener, Ontario, Kevin would like to rent a one-bedroom apartment. He can afford to spend between $1000 and $1900 per month for rent, plus utilities. He doesn't smoke or have any pets. but does require parking, Find three appropriate accommodations for Kevin. Give a brief description of each. For each option, estimate Kevin's total monthly expenditures for his accommodations. Select one of the three accommodations that you think is best for Kevin, and give reasons for your choice. Also, describe why renting may be the best option for Kevin Case Study 2 Pratima and her husband Chad are considering purchasing a house in Belleville, Ontario. Pratima works as a Certified General Accountant, while Chad is an estimator for a construction contracting company. They have a three- year old son, and are expecting a second child within a few months. They are looking for a resale house in a residential area, preferably close to a school. They have budgeted to spend $300 000 - $350 000 on a home. With their savings, they have enough for a $50 000 down payment plus all closing costs. Find three appropriate houses that satisfy their requirements. Give a brief description of each. For each option estimate the total monthly expenditures for accommodations, including mortgage payments (You can use the TVM Solver to calculate the PMT. Use an interest rate of 7%/a, amortized over 25 years.). Select one of the three accommodations that you think is best for Pratima and Chad, and give reasons for your choice. 1 Consider each of the following case studies For each scenario, use the internet to research appropriate accommodations include a detailed estimate of the total monthly expenses colated to the accommodation selected Monthly expenses should include: montrent or mortgage payment monthlythy biliyou may luve o assume utility costs in some cases se meson notes for suggested values) Case Study 1 Kevin has recently graduated from a college program in Computer Engineering Technology and has accepted a job with a computer networking company in Kitchener, Ontario Kevin would like to rent a one-bedroom apartment. Ho cantord to spend between $1000 and 51900 per month for rent plus uolities. He doesn't smoke or have any pets, but dos require parking Fridere appropriate accommodations for Kevin Give a brief description of each For each option, estate Kevin's total monthly expenditures for his accommodations. Select one of the three accommodations that you think is best for Kevin and give reasons for your choice. Also, describe why penting may be the best option for Kevin. Case Study 2 Pratima and her husband Chat are considering purchasing about in Bellevile, Ontario Patr works as Carthed General Accountant, while Chad is an estrutor for a construction contracting company. They have a three year old son, and are expecting a second child within a few months. They are looking for a real house in a dential area, preferably close to a school. They have budgeted to spend 53000005350 000 on a home with their savings. They have enough for a 550 000 down payment plus all closing costs Find proposes of satisty their requirements. Give a brief description of each For each option, estimate the total monthly expenditures for accommodations, including mogao pyments (You can use the TVM Solver to calculate the PMT Use an interest of Word over 25 years. Solec one of the three accommodations that you think is best for and Chad, and give reasons for your choice 1. Consider each of the following case studies. For each scenario, use the internet to research appropriate accommodations. Include a detailed estimate of the total monthly expenses related to the accommodation selected Monthly expenses should include: monthly rent or mortgage payment monthly utility bills (you may have to assume utility costs in some cases - use the lesson notes for suggested values) Case Study 1 Case Study 1 Kevin has recently graduated from a college program in Computer Engineering Technology and has accepted a job with a computer networking company in Kitchener, Ontario, Kevin would like to rent a one-bedroom apartment. He can afford to spend between $1000 and $1900 per month for rent, plus utilities. He doesn't smoke or have any pets. but does require parking, Find three appropriate accommodations for Kevin. Give a brief description of each. For each option, estimate Kevin's total monthly expenditures for his accommodations. Select one of the three accommodations that you think is best for Kevin, and give reasons for your choice. Also, describe why renting may be the best option for Kevin Case Study 2 Pratima and her husband Chad are considering purchasing a house in Belleville, Ontario. Pratima works as a Certified General Accountant, while Chad is an estimator for a construction contracting company. They have a three- year old son, and are expecting a second child within a few months. They are looking for a resale house in a residential area, preferably close to a school. They have budgeted to spend $300 000 - $350 000 on a home. With their savings, they have enough for a $50 000 down payment plus all closing costs. Find three appropriate houses that satisfy their requirements. Give a brief description of each. For each option estimate the total monthly expenditures for accommodations, including mortgage payments (You can use the TVM Solver to calculate the PMT. Use an interest rate of 7%/a, amortized over 25 years.). Select one of the three accommodations that you think is best for Pratima and Chad, and give reasons for your choice