Our Services

Get 15% Discount on your First Order

[rank_math_breadcrumb]

Complete the two financial health activities (The True Cost of a New Car and The True Cost of Credit Card Use) presented in Unit 7 Topic “Financial Health” related to spending money you do not have.Sh

  • Complete the two financial health activities (The True Cost of a New Car and The True Cost of Credit Card Use) presented in Unit 7 Topic “Financial Health” related to spending money you do not have.
  • Share your experience with “The True Cost of a New Car” activity with your peers.
    • Change the size of the loan, years to pay it back, and the interest rate three (3) to four (4) times.
      • Start with the lowest loan amount you might need for your new care and increase by $5000 to $10000 each turn.
      • Start with a 3% loan (entered as .03) and increase by one (1) or two (2) percent each turn.
      • In each case choose between 5 and 7 years to pay it back.
    • Describe one of the monthly payments you would have to make based on your selections.
      • Loan amount?
      • Interest rate?
      • Years to pay it back?
      • Monthly payment?
      • Total car cost?
    • Discuss the potential impact a car payment of that size might have on your monthly budget.
      • Describe the other monthly expenses you would have to remove or reduce to make your payments.
      • Why Is or isn’t the car worth the sacrifices you might have to make given the size of the monthly payments?
    • What other options do you have to avoid taking out a car loan?
  • Share your experience with ” The True Cost of Credit Card Use” activity with your peers
    • Consider the following scenario:
      • You spend an extra $50 a month using a credit card for the first year after graduation to make ends meet.
      • The interest rate charged by the credit card company is 18%.
      • The minimum payment you are required to send each month is $20.
    • Now consider the real cost of that $50 dollars a month by the end of that first year provided to you in the exercise.
      • How might the continued use of a credit card to fund an extra $50 of spending per month affect your long-term financial health?
      • Describe two ways you could avoid the long-term consequences of spending more than you have on a regular basis.

Please be sure to validate your opinions and ideas with citations and references in APA format.

Share This Post

Email
WhatsApp
Facebook
Twitter
LinkedIn
Pinterest
Reddit

Order a Similar Paper and get 15% Discount on your First Order

Related Questions

Research 3 possible financial strategies to gain buy-in for your initiative from the leadership team. Write a 175- to 350-word summary with the findings of your research in which you: Restate your c

Research 3 possible financial strategies to gain buy-in for your initiative from the leadership team. Write a 175- to 350-word summary with the findings of your research in which you: Restate your chosen sustainability initiative from the beginning of the course. Propose 3 financial strategies to pursue your chosen initiative.

For this assessment you will be creating a paper that explores holistic nursing care and how pathophysiology, pharmacology, and physical assessment play a role in delivering holistic care. Your paper

For this assessment you will be creating a paper that explores holistic nursing care and how pathophysiology, pharmacology, and physical assessment play a role in delivering holistic care. Your paper should be 3–5 double spaced pages, not counting the title or reference page. You should also be prepared to support

For this assignment, you will Reflect on topics they have covered over the last eight weeks, Discuss the application of Middle Range Theories and Nursing Practice, and Discuss the impact of mentors du

For this assignment, you will Reflect on topics they have covered over the last eight weeks, Discuss the application of Middle Range Theories and Nursing Practice, and Discuss the impact of mentors during the course.  Please include 400 words in your initial post with two scholarly articles . turniting  less

For this assignment, you will Reflect on topics they have covered over the last eight weeks, Discuss the application of Middle Range Theories and Nursing Practice, and Discuss the impact of mentors du

For this assignment, you will Reflect on topics they have covered over the last eight weeks, Discuss the application of Middle Range Theories and Nursing Practice, and Discuss the impact of mentors during the course.  Please include 400 words in your initial post with two scholarly articles . turniting  less

For this assessment, you will report on the information gathered during an interview with a fellow RN on Med/Surg unit. You will discuss the interview strategy that you used to collect information. Yo

For this assessment, you will report on the information gathered during an interview with a fellow RN on Med/Surg unit. You will discuss the interview strategy that you used to collect information. Your interview strategy should be supported by citations from the literature. The goal of this assessment is to

For this assignment, you will reflect on topics you have covered over the last eight weeks. ( GI, Hypertension and diabetes management, endocrine disorders, antipsychotic medications, and opioid chro

For this assignment, you will reflect on topics you have covered over the last eight weeks. ( GI, Hypertension and diabetes management, endocrine disorders,  antipsychotic medications, and opioid chronic pain disorder). How do you think that the Advanced Pharmacology course can prepare you for your future as an advanced practitioner? 

As the manager of CTO Health Care Systems, you have done your research on three vendors to which you would like to outsource the implementation of the electronic health records (EHRs) for the clinics.

As the manager of CTO Health Care Systems, you have done your research on three vendors to which you would like to outsource the implementation of the electronic health records (EHRs) for the clinics. As the manager, you have a number of critical decisions regarding the electronic medical record systems.

Part 1: Briefly describe your leadership style. Create a short, one-page infographic resume or poster to advertise your strengths. You can use an online tool or simply use the graphics capabilities o

Part 1:  Briefly describe your leadership style. Create a short, one-page infographic resume or poster to advertise your strengths. You can use an online tool or simply use the graphics capabilities of Word to create your infographic. Attached is an example! Part 2:  Reflect on the leadership styles you’ve observed

Write 400–600 words that respond to the following questions with your thoughts, ideas, and comments. Be substantive and clear, and use examples to reinforce your ideas. CTO Health Care Systems has fiv

Write 400–600 words that respond to the following questions with your thoughts, ideas, and comments. Be substantive and clear, and use examples to reinforce your ideas. CTO Health Care Systems has five clinics that serve nearly 2 million residents in a large metropolitan area and that treat over 500,000 patients

Psychotherapy for Clients With Addictive Disorders Addictive disorders can be particularly challenging for clients. Not only do these disorders typically interfere with a client’s ability to function

Psychotherapy for Clients With Addictive Disorders Addictive disorders can be particularly challenging for clients. Not only do these disorders typically interfere with a client’s ability to function in daily life, but they also often manifest as negative and sometimes criminal behaviors. Sometime clients with addictive disorders also suffer from other

Pers/Commun Health My family has a history of throat cancer, type 1 diabetes, & heart attacks and also strokes. Your reflection needs to be typed in 12-point font and double-spaced. These questio

Pers/Commun Health My family has a history of throat cancer, type 1 diabetes, & heart attacks and also strokes.  Your reflectionneeds to be typed in 12-point font and double-spaced. These questions can help you deviseparagraphs. You should also include an introduction paragraph and a conclusionparagraph. What are some of the

Background: Cancer is a nonselective disease. Cancer can occur at any age, and although treatments have been improved, cancer still can be a deadly disease. Some cancer is linked to environmental caus

Background: Cancer is a nonselective disease. Cancer can occur at any age, and although treatments have been improved, cancer still can be a deadly disease. Some cancer is linked to environmental causes such as cigarette smoke or UV radiation. Other causes may be genetic, such as inheriting the gene for

In this lab, you will analyze the pedigree chart and karyotype for two patients Kayla and Emily. A karyotype is a picture of stained chromosomes arranged to show chromosome pairs. Abnormalities in chr

In this lab, you will analyze the pedigree chart and karyotype for two patients Kayla and Emily. A karyotype is a picture of stained chromosomes arranged to show chromosome pairs. Abnormalities in chromosome number or size can be easily identified in a karyotype. Pedigree charts give a symbolic representation of

This assignment is about the urinary system. The assessment addresses the way the kidney couples waste removal with homeostatic mechanisms for regulating blood volume, blood pressure, and the balance

This assignment is about the urinary system. The assessment addresses the way the kidney couples waste removal with homeostatic mechanisms for regulating blood volume, blood pressure, and the balance of ions in the blood. Kidneys have a tremendous capacity for processing fluid, so much so that we can live quite

Complete the lab: https://media.capella.edu/CourseMedia/biofpx1000element22877/wrapper.asp Once you have answered all the questions download the document. By successfully completing this assignment, y

Complete the lab: https://media.capella.edu/CourseMedia/biofpx1000element22877/wrapper.asp Once you have answered all the questions download the document. By successfully completing this assignment, you will demonstrate your proficiency in the following course competencies and assessment criteria: Competency 1: Describe the organization of the human body. Explain the importance of a yearly eye exam. Explain

Case Study AssignmentPrevious Next InstructionsHIPAA Hero: Securing Your Medical Practice Database As a Database Administrator (DBA) for a medical practice, you're a champion for patient priva

Case Study AssignmentPrevious Next InstructionsHIPAA Hero: Securing Your Medical Practice Database As a Database Administrator (DBA) for a medical practice, you're a champion for patient privacy! You've implemented robust safeguards to comply with HIPAA regulations. But cybersecurity is an ongoing battle. Explore three additional practical measures you can take to further enhance