Want to create interactive content? It’s easy in Genially!

Get started free

Unit 14 Review

HS: High School

Created on May 5, 2023

Start designing with a free template

Discover more than 1500 professional designs like these:

Transcript

Unit 14

Review

Start

Match each description with its housing term:

Involves a title of ownership with specific taxes and payments required

Renting

Buying

Involves a pre-determined period of time with specific conditions and required maintenance

Leasing

Involves a short period of time for the temporary use of an asset

Which option would be more cost effective if you plan to stay for only 8 months?

Apartment B costs $800/mo for an annual contract, but that includes a 2-month early termination penalty.

Apartment A costs $950/mo for a month-to-month contract.

vs

Cheaper!
Which option is most likely to be more cost effective?

Apartment B costs $625/mo with utilities included.

Apartment A costs $450/mo plus $200 for utlities.

vs

Cheaper!

Which has a lower cost of living, the new residence or the current residence?

You purchased for $234,000 and it is now valued at $284,000.

Home #1:

Find the equity amount for each home.

Home #2:

You purchased for $193,000 and it is now valued at $215,000.

Which transportation method is more cost-effective for the year if you work 5 days a week?
Cheaper!

Driving Yourself:Gas - $50/Week Car Insurance - $550/Year Oil Changes - $45/Quarter

Taking the Bus:$7.50/one-way Need 2 tickets per day

vs

Adjusted Monthly Payments

You are planning to rent a townhouse. Your monthly rent will be $850, and your renter's insurance will be $1,500 per year. What is the adjusted monthly cost for renting this townhouse?

Your car insurance is due annually and generally costs about $2,000. You decide that you would like to set aside a monthly amount, beginning in January, to be prepared for when this bill comes at the end of the year. How much should you set aside each month?

Suppose you need to rank the value from A2 in an Excel spreadsheet against the rest of column A. You want the values to be in ascending order.

Which formula would accomplish this?

=RANK(A2: A:A, 0)

=RANK(A:A, A2, 1)

=RANK(A2, A:A, 1)

=RANK(A:A, A2, 0)

Upcoming...

complete Unit 14 TestWednesday 5/10 - Flex day (no classes) Monday 5/15 - Unit 15 Project