Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please help with homework 16) Which investment would be the best choice for a person who will need the money within 5-7 years to pay

Please help with homework

image text in transcribed
16) Which investment would be the best choice for a person who will need the money within 5-7 years to pay for college or their first year of retirement? 17) Which investment involves loaning money, sometimes to governments and sometimes to companies? 18) Where would be the best place to keep emergency savings in case a person needs money for car or home repair? 19) Which investment involves taking ownership in a corporation in the hope of earning return on investment and dividends? 20) Which investment involves purchasing a blend of many investments in order to spread out the risk? For questions 21-25, choose from the following answers: A) Rental Apartment B) Owner-occupied Apartment C) Single Family Home D) Multi-Family Home 21) What would be the best choice for a family with small children that wants a quiet place to live and to build up equity? 22) What would be the best choice for a 70 year old who has $3 million saved up but is too old and frail to do home maintenance? 23) What would be the most likely choice for someone who wants to have a home to live in and to reduce their out of pocket costs by renting out part of the property? 24) What would be the best choice for a 22 year old who just finished college and isn't sure where he or she will be living five years from now? 25) Of the four types of place to live listed above, which is the only one that does not allow the occupant to build up equity in the property? Short Answer questions, 8 points each . Q1) Why is inflation unusually high in 2022? . Q2) Why has the U.S. economy become increasingly unequal over the last 40 years? . Q3) How will you use economics to make your life better in the future? Describe how you'll maximize opportunity and utility and avoid unnecessary risk and the mistakes we've seen many people make in the lessons we've had this summer

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Global Marketing

Authors: Johny K Johansson

4th Edition

0072961805, 9780072961805

More Books

Students also viewed these Economics questions

Question

Kohler LLC has the following inventory transactions during August

Answered: 1 week ago

Question

Behaviour: What am I doing?

Answered: 1 week ago