Business, 20.01.2022 19:10 lolirdc

HELP After buying a car and commuting to my job as a teacher, I have decided that I should do as much as possible so that I will be able to buy a house in the next 5 years. Right now, I have $10,000 in the bank and will need at least $25,000 as a down payment. I am still making $30,800 a year as a teacher. Using your financial knowledge, can you help me develop a plan so that I will have enough for a down payment in 5 years?

After reading this avatar, write down how you would advise Rob. How should he plan to invest, save, and pay himself? How much should he be spending on fixed and variable expenses each month? Remember, If someone is thinking about buying a home, and saving for a down payment, these savings should not be in the stock market. As a general rule, any money that will be needed within five years, needs to be in savings, CDs or money market funds. Do not gamble with buying a home. Please limit your answer to one or two paragraphs

Answers: 2

Show answers

Other questions on the subject: Business

Business, 22.06.2019 01:00, cranfordjacori

Cooper, cpa, is auditing the financial statements of a small rural municipality. the receivable balances represent residents’ delinquent real estate taxes. internal control at the municipality is weak. to determine the existence of the accounts receivable balances at the balance sheet date, cooper would most likely: cooper, cpa, is auditing the financial statements of a small rural municipality. the receivable balances represent residents’ delinquent real estate taxes. internal control at the municipality is weak. to determine the existence of the accounts receivable balances at the balance sheet date, cooper would most likely:

Answers: 3

continue

Business, 22.06.2019 01:00, allisonklinger1786

Need with my trade theory homework. i doubt what i wrote was right. consider a monopolistically competitive market for soft drinks in which n symmetric firms face the following demand function: q=s(1/n-b(p-(p with the straight line on which implies the marginal revenue functionmr=p-(q/sb)finally, suppose firms face the total cost functiontc=900,000+100qsuppose the market size, s, is 27,000,000, and the elasticity parameter b is 0.003.diagram the price and the average total cost in the market as a function of the number of firms. what are the equations for each curve, and why does each curve slope up or down? label the equilibrium number of firms and the equilibrium price in the diagram. why is this the equilibrium?

Answers: 1

continue

Business, 22.06.2019 04:40, glenn4572

Select the correct text in the passage. which sentences in the given passage explains the limitations of monetary policies? monetary policies - limitationsmonetary policies are set by the central bank to bring about growth in the economy. de can be achieved these policiesw at anden i sca poit would be fair to say that changes in the economy cannot be brought about instantly by monetary po des. monetary policy can only influence not control, economic growththe monetary policy makers do work on sining the perfect balance between demand and supply of money in the economy

Answers: 3

continue

Business, 22.06.2019 11:40, derrion67

During 2016, nike inc., reported net income of $3,760 million. the company declared dividends of $1,022 million. the closing entry for dividends would include which of the following? select one: a. credit cash for $1,022 million b. credit dividends for $1,022 million c. debit net income for $1,022 million d. credit retained earnings for $1,022 million e. debit dividends for $1,022 million

Answers: 1

continue

You know the right answer?

HELP After buying a car and commuting to my job as a teacher, I have decided that I should do as m...