Decide whether the statement makes sense. Explain your reasoning.Paul has about $1800 available for all his personal expenses combined. He figures that he can easily afford to pay
in rent.
What will be an ideal response?
The average person spends about 33% of their budget on housing. If Paul spends $900 in rent he will be spending 50% of his budget on rent. This is a large proportion of his income and he wouldn't have much left over for other expenses.
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Solve the problem.Suppose you start saving today for a down payment that you plan to make on a house in 10 years. Assume that you make no deposits into the account after your initial deposit. The account has quarterly compounding and an APR of 3%. How much would you need to deposit now to reach your
goal in 10 years?
A. $15,490.39 B. $14,832.96 C. $12,342.98 D. $9495.49
Provide an appropriate response.Evaluate
Fill in the blank(s) with the appropriate word(s).
Complete the identity.sec (? + ?) sec (? - ?) = ?
A.
B.
C.
D. sec2? - sec2 ?
Which psychoanalyst provided an alternative psychodynamic view in his theory of psychosocial development?
A. Carl Rogers B. S. E. Morehouse C. Erik Erikson D. Jean Piaget