Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Jamie Lee Jackson, age 24, has recently decided to switch from attending college part-time to full-time in order to pursue her business degree and aims
Jamie Lee Jackson, age 24, has recently decided to switch from attending college part-time to full-time in order to pursue her business degree and aims to graduate within the next three yearsShe has 55 credit hours remaining in order to earn her bachelor's degree, and knows that it will be a challenge to complete her course of study while still working part-time in the bakery department of a local grocery store, where she earns $310 a weekJamie Lee wants to keep her part-time job at the grocery store as she loves baking and creates very decorative cakes. She dreams of opening her own cupcake caf within the next five years. She also realizes that by returning to school full-time she will forgo any free time that she enjoys now socializing with friends . Jamie Lee currently shares a small apartment with a friend and they split all of the associated living expenses, such as rent and utilities, although she would really like to eventually have a place of her own. Her car is still going strong, even though it is seven years old and she has no plans to buy a new one any time soon. She is carrying a balance on her credit card and is making regular monthly payments of $55 with hopes of paying it off within a yearJamie has also recently taken out a student loan to cover her educational costs and expensesJamie Lee also began depositing $1,750 a year in a savings account that earns 3% interest, in hopes of having the $7,000 down payment needed to start the cupcake caf one year after graduation. Jamie Lee Jackson, nge 24 , has recently decided to switch from attending college part-time to f-time in order to pursue her business degree and aims to graduate within the next three years. She has 55 credit hours remaining in order to earn her bochelor's degree, and knows that it will be a challenge to complete her course of study while stie working part-time in the bakery department of a jocal grocery store, where she earns $310 a week jamie Lee wants to keep her part-time job at the grocery store as she loves baking and creates very decorative cakes. She dreams of opening her own cupcake cafe within the next five years; 5 he also reovzes that by returning to school full-time sthe will forgo any free time that she enjoys now socializing with friends. Jamie Lee currently shares a-small apartment wath a friend and they split aif of the associated living expenses, such as rent and uninties, althought she woud really like to eventually have a place of her own. Her car is stil going streng. even theogh it is seven years old and she has no plans to buy a new one arty time soon. She is carrying a balance on her eredit card and is raking regular menthly payments of 555 with hopes of paying it eff within a yeat. Jarrie has also recenty taken out a student ioan to cover her ofucational costs and expenses. Jamie Lee also began depositing $1,750 a year in a savings account that earns 3% intorest, in hepes of having the $7.000 down poyment needed to start the cupcake cale one year after graduation. Based on hee personal and househeld needs ann valuess use the drop-down menus in each cell below to ldentify damie Lees shors: torm financlal goals. intermediate and long-term financial goaks, and non-manetary goals Chapter 1 - Problems i Saved \begin{tabular}{|l|l|c|c|c|} \hline Intermediate and Long. Term Goals & Amount Needed & Months to Acheive & Action To Be Taken & Priority \\ \hline & & & & \\ \hline \end{tabular} 804:06:44 Skipped References \begin{tabular}{|l|l|l|} \hline Non-Monetary Goals & Time Frame & Action To Be Taken \\ \hline & & \\ \hline \end{tabular} Jamie Lee Jackson, nge 24 , has recently decided to switch from attending college part-time to f-time in order to pursue her business degree and aims to graduate within the next three years. She has 55 credit hours remaining in order to earn her bochelor's degree, and knows that it will be a challenge to complete her course of study while stie working part-time in the bakery department of a jocal grocery store, where she earns $310 a week jamie Lee wants to keep her part-time job at the grocery store as she loves baking and creates very decorative cakes. She dreams of opening her own cupcake cafe within the next five years; 5 he also reovzes that by returning to school full-time sthe will forgo any free time that she enjoys now socializing with friends. Jamie Lee currently shares a-small apartment wath a friend and they split aif of the associated living expenses, such as rent and uninties, althought she woud really like to eventually have a place of her own. Her car is stil going streng. even theogh it is seven years old and she has no plans to buy a new one arty time soon. She is carrying a balance on her eredit card and is raking regular menthly payments of 555 with hopes of paying it eff within a yeat. Jarrie has also recenty taken out a student ioan to cover her ofucational costs and expenses. Jamie Lee also began depositing $1,750 a year in a savings account that earns 3% intorest, in hepes of having the $7.000 down poyment needed to start the cupcake cale one year after graduation. Based on hee personal and househeld needs ann valuess use the drop-down menus in each cell below to ldentify damie Lees shors: torm financlal goals. intermediate and long-term financial goaks, and non-manetary goals Chapter 1 - Problems i Saved \begin{tabular}{|l|l|c|c|c|} \hline Intermediate and Long. Term Goals & Amount Needed & Months to Acheive & Action To Be Taken & Priority \\ \hline & & & & \\ \hline \end{tabular} 804:06:44 Skipped References \begin{tabular}{|l|l|l|} \hline Non-Monetary Goals & Time Frame & Action To Be Taken \\ \hline & & \\ \hline \end{tabular}
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started