For questions 17 - 18: Imagine that you own a house with an appraised value of $80,000 and have $29,000 of personal possessions (which includes your personal use vehicle). Your retirement account at work is valued at $18,430. You have $503 in your checking account. Your annual income is $35,000. The cash value of your job benefits is $6,000. 17. What is your personal capitalization and cash inflow? $127,430 and $41,503 $109,000 and $41,000 $109,503 and $41,000 $109,000 and $35,000 For questions 17 - 18: Imagine that you own a house with an appraised value of $80,000 and have $29,000 of personal possessions (which includes your personal use vehicle). Your retirement account at work is valued at $18,430. You have $503 in your checking account. Your annual income is $35,000. The cash value of your job benefits is $6,000. 18. What is your personal capitalization ratio? .3257 .3744 .3761 .3211 For questions 19 - 20: Imagine that you have a credit card. During the past 31-day month you carried a balance of $800 on the card. The interest rate is 18% (Annual percentage rate or APR). 19. What will the interest charge be for this month? $12.23$12.02$11.48$11.98 Question 20 For questions 19 - 20: Imagine that you have a credit card. During the past 31-day month you carried a balance of $800 on the card. The interest rate is 18% (Annual percentage rate or APR). 20. If you had no new charges during the month and made the minimum payment of $20, how much would the loan balance be reduced? $8.02 $7.98 $7.77 $20.00