Mrs. Hayakawa works six blocks from her home, Monday through Friday. The one-way bus trip costs $2.40. Identify the benefit if she walks to and from work instead of riding the bus for five weeks.(1 point) Responses Mrs. Hayakawa would save $120. Mrs. Hayakawa would save $120. Mrs. Hayakawa would save $60. Mrs. Hayakawa would save $60. Mrs. Hayakawa would save $24. Mrs. Hayakawa would save $24. Mrs. Hayakawa would save $168.
Alysha’s decision is irresponsible. With a mortgage payment taking up 90% of her income, she will likely have difficulty making payments.
The surest sign that your financial decision is irresponsible is that you cannot afford to lose the money you spend or invest.
Chanille has a credit card with a $6,000 limit. She charges $750 every month for clothes, but she can only pay back $300 a month. How many months until her card reaches or exceeds its limit?(1 point) Responses 20 months 20 months 14 months 14 months 13 months 13 months 8 months
Alysha’s monthly income is $1,500. She is currently renting an apartment for $750 a month. She wants to buy a house. The mortgage would be $1,350 a month. Analyze her decision and state why such a financial decision is responsible or irresponsible.(1 point) Responses Alysha’s decision is responsible. Owning a home will stabilize her finances when she no longer has to pay rent. Alysha’s decision is responsible. Owning a home will stabilize her finances when she no longer has to pay rent. Alysha’s decision is irresponsible. She should only buy a home if she can pay cash for it. Alysha’s decision is irresponsible. She should only buy a home if she can pay cash for it. Alysha’s decision is irresponsible. With a mortgage payment taking up 90% of her income, she will likely have difficulty making payments. Alysha’s decision is irresponsible. With a mortgage payment taking up 90% of her income, she will likely have difficulty making payments. Alysha’s decision is irresponsible. Her home may depreciate in value after she buys it.
What is the surest sign that your financial decision is irresponsible?(1 point) Responses You cannot afford to lose the money you spend or invest. You cannot afford to lose the money you spend or invest. The investment is in a startup company. The investment is in a startup company. There is a possibility of gain, but also a risk of loss. There is a possibility of gain, but also a risk of loss. The investment involves the stock market.
Which decision stands the best chance of returning a profit in the future?(1 point) Responses downloading every song by your favorite singer downloading every song by your favorite singer downloading every movie by your favorite actor downloading every movie by your favorite actor buying a choice selection of video games buying a choice selection of video games buying a painting by a young artist with a rising reputation
It will take Chanille 20 months until her card reaches or exceeds its limit.
Buying a painting by a young artist with a rising reputation stands the best chance of returning a profit in the future.
