Part II: Application and Critical Thinking 1. Nadeem is considering several expenses: getting his car fixed, buying a newer car in better shape, buying a suit to begin interviewing for a better job, going on a trip with friends to Las Vegas, and buying a new video game console. Regarding getting his car fixed, buying the suit, or buying a new game console, Nadeem has enough cash on hand for two of these, but not all three. The trip to Las Vegas would require him to put charges on his card and pay them off over the next several months with interest, and he could only buy a newer car if he got the longest possible payment plan that would have high interest. If you were a friend of Nadeem's, how would you help him prioritize these expenses? (Think about what Nadeem can afford right now and what he really needs. Also think about how he can get some of the more expensive things he wants without taking on too much debt.):