For questions 17 - 18: Imagine that you rent an apartment for $900 per month and have $40,000 of personal possessions (which includes your personal use vehicle). You have $2,503 in your checking account. Your annual income is $40,000. The cash value of your job benefits is $8,000. 17. What is your personal capitalization and cash inflow? $109.503 and $41,000 $109,000 and $35,000 $40,000 and $40,000 $130,000 and $48,000 For questions 17 - 18: Imagine that you rent an apartment for $900 per month and have $40,000 of personal possessions (which includes your personal use vehicle). You have $2,503 in your checking account. Your annual income is $40,000. The cash value of your job benefits is $8,000. 18. What is your personal capitalization ratio? .3692 .3744 1.2 1.0 For questions 19 - 20: Imagine that during the past 30-day month you carried a balance of $1,500 on your credit card. The interest rate on your card is 21% (Annual percentage rate or APR). 19. What will the interest charge be for this month? $27.06 $25.89 $26.84 $26.37 For questions 19 - 20: Imagine that during the past 30-day month you carried a balance of $1,500 on your credit card. The interest rate on your card is 21% (Annual percentage rate or APR). 20. If you had no new charges during the month and made the minimum payment of $30, how much would the loan balance be reduced? $4.11 $4.89 $7.98 $5.21