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Number 1~3 1.-As you consider saving for retirement, you desire to supplement the retirement contributions provided by your employer with your own IRA. . Would

Number 1~3

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1.-As you consider saving for retirement, you desire to supplement the retirement contributions provided by your employer with your own IRA. . Would you select a Traditional . IRA or a Roth. IRA? . Why? . As part of your response, . briefly explain the difference between a traditional . IRA and a Roth IRA. [10 points]. 2.-As part of your long-term personal finance goals, you desire to purchase a house, which you plan . to finance. . Choose a . USA. location and indicate the assumed value of the house. As. with any. loan, your mortgage payment has two components: principal and interest. . Name at least two other expenses that could be added to your mortgage payment. Do an internet search for your location. About how much . would . the . other . expenses . add to your monthly mortgage payment beyond principal and interest? [10 points].

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