Using personal financial planner sheet 40 housing needs, Financial Management

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Using personal financial planner sheet 40 housing needs

1. Using Personal Financial Planner sheet 40, housing needs, compare the advantages and the disadvantages of renting a home or apartment versus purchasing a home.

2. You buy a boat for $20,000. On average, boat prices have been increasing by 4% each year. You plan on selling your boat in 7 years. How much do you expect to pay for a new boat in 7 years?

3. Based on the following information, what is the Total Cost?

Selling price/unit = $50.00

Variable cost/unit = $25.00

Fixed Cost = $100,000

Quantity = 25,000 Units

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