Click this link to access the budget template. You will need to be logged into your google drive to access it. Please share it back with me so I can access it. You will also need to print it to hand-in. Here is the rubric for the assignment: Budget Project Rubric Housing To determine how large a mortgage you afford, go to Tangerine and choose the rent translator. Enter the amount calculated in class for your housing costs. To look for a place to buy use realtor.ca. For condos, you can use condos.ca To look for a place to rent try: Realtor.ca and choose to rent Condos.ca and choose rent Viewit.ca Kijiji For a mortgage, go to tangerine and select Mortgage Payment Calculator Use the financial calculator to calculate a mortgage. Choose a monthly payment. Use an amortization rate of 25 years, a mortgage rate of 3.29% and a mortgage term of 5 years. Do two calculations, one for a 20% down payment and one for a 5% down payment. Take a screen shot of the result. Enter the monthly rate for the 20% down payment option into your budget. Credit Calculators Credit Card – assume 19.5% interest rate, try three different scenarios, minimum payment only, increase minimum payment by some amount and fixed monthly payment. Line of Credit – It is credit card calculator but it will work for line...Read More
What is money? https://www.youtube.com/watch?v=Dugn51K_6WA Paper Currency Getting Rid of the Penny Venture: Pity the penny Man comes out 89 cents richer after a year of penny-rounding Obituary: Canadian penny, 1858-2013 So long, penny. Why don’t you take the nickel and the dime with you,...Read More
Nothing from September 22, 2017 to October 22, 2017.
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