{"id":50,"date":"2025-01-02T23:03:49","date_gmt":"2025-01-02T23:03:49","guid":{"rendered":"https:\/\/content.one.lumenlearning.com\/qrpracticepages\/chapter\/personal-finance-common-scenarios-get-stronger-answer-key\/"},"modified":"2025-01-02T23:03:49","modified_gmt":"2025-01-02T23:03:49","slug":"personal-finance-common-scenarios-get-stronger-answer-key","status":"publish","type":"chapter","link":"https:\/\/content.one.lumenlearning.com\/qrpracticepages\/chapter\/personal-finance-common-scenarios-get-stronger-answer-key\/","title":{"raw":"Personal Finance - Common Scenarios: Get Stronger Answer Key","rendered":"Personal Finance – Common Scenarios: Get Stronger Answer Key"},"content":{"raw":"\n\nCredit Cards\n
    \n \t
  1. [latex]$6.25[\/latex]<\/li>\n
  2. [latex]$180[\/latex]<\/li>\n
  3. [latex]$10[\/latex]<\/li>\n
  4. [latex]$100[\/latex]<\/li>\n
  5. [latex]20\\%[\/latex]<\/li>\n
  6. [latex]$1,070.49[\/latex]<\/li>\n
  7. [latex]$859.35[\/latex]<\/li>\n
  8. [latex]$250[\/latex]<\/li>\n
  9. Initial: [latex]$843.21[\/latex], After Adjustment: [latex]$1,073.14[\/latex] <\/li>\n
  10. [latex]$335,979.78[\/latex]<\/li>\n
  11. [latex]$407.40[\/latex]<\/li>\n
  12. [latex]$20,000[\/latex]<\/li>\n
  13. [latex]$1,600[\/latex]<\/li>\n
  14. [latex]3[\/latex] years: [latex]$590.30[\/latex], [latex]6[\/latex] years: [latex]$313.36[\/latex]<\/li>\n
  15. [latex]$10,000[\/latex]<\/li>\n
  16. [latex]$2,450[\/latex]<\/li>\n
  17. [latex]$1,620[\/latex]<\/li>\n
  18. Age [latex]25[\/latex]: [latex]$303,219.43[\/latex], Age [latex]35[\/latex]: [latex]$167,386.23[\/latex]<\/li>\n
  19. [latex]$502,257.42[\/latex]<\/li>\n
  20. [latex]$204,272.84[\/latex]<\/li>\n
  21. Age [latex]67[\/latex]: [latex]$388,800[\/latex], Age [latex]70[\/latex]: [latex]$324,000[\/latex]<\/li>\n
  22. [latex]$36,000[\/latex]<\/li>\n
  23. [latex]$8,954.24[\/latex]<\/li>\n
  24. Bonds: [latex]$11,593.85[\/latex], Stocks: [latex]$14,693.28[\/latex]<\/li>\n
  25. [latex]$18,114.98[\/latex]<\/li>\n
  26. IRA: [latex]$113,928.81[\/latex], 401(k): [latex]$170,893.21[\/latex]<\/li>\n
  27. Traditional IRA: [latex]$75,000[\/latex], Roth IRA: [latex]$100,000[\/latex]<\/li>\n\n<\/ol>\n\n\n\n","rendered":"

    Credit Cards<\/p>\n

      \n
    1. [latex]$6.25[\/latex]<\/li>\n
    2. [latex]$180[\/latex]<\/li>\n
    3. [latex]$10[\/latex]<\/li>\n
    4. [latex]$100[\/latex]<\/li>\n
    5. [latex]20\\%[\/latex]<\/li>\n
    6. [latex]$1,070.49[\/latex]<\/li>\n
    7. [latex]$859.35[\/latex]<\/li>\n
    8. [latex]$250[\/latex]<\/li>\n
    9. Initial: [latex]$843.21[\/latex], After Adjustment: [latex]$1,073.14[\/latex] <\/li>\n
    10. [latex]$335,979.78[\/latex]<\/li>\n
    11. [latex]$407.40[\/latex]<\/li>\n
    12. [latex]$20,000[\/latex]<\/li>\n
    13. [latex]$1,600[\/latex]<\/li>\n
    14. [latex]3[\/latex] years: [latex]$590.30[\/latex], [latex]6[\/latex] years: [latex]$313.36[\/latex]<\/li>\n
    15. [latex]$10,000[\/latex]<\/li>\n
    16. [latex]$2,450[\/latex]<\/li>\n
    17. [latex]$1,620[\/latex]<\/li>\n
    18. Age [latex]25[\/latex]: [latex]$303,219.43[\/latex], Age [latex]35[\/latex]: [latex]$167,386.23[\/latex]<\/li>\n
    19. [latex]$502,257.42[\/latex]<\/li>\n
    20. [latex]$204,272.84[\/latex]<\/li>\n
    21. Age [latex]67[\/latex]: [latex]$388,800[\/latex], Age [latex]70[\/latex]: [latex]$324,000[\/latex]<\/li>\n
    22. [latex]$36,000[\/latex]<\/li>\n
    23. [latex]$8,954.24[\/latex]<\/li>\n
    24. Bonds: [latex]$11,593.85[\/latex], Stocks: [latex]$14,693.28[\/latex]<\/li>\n
    25. [latex]$18,114.98[\/latex]<\/li>\n
    26. IRA: [latex]$113,928.81[\/latex], 401(k): [latex]$170,893.21[\/latex]<\/li>\n
    27. Traditional IRA: [latex]$75,000[\/latex], Roth IRA: [latex]$100,000[\/latex]<\/li>\n<\/ol>\n","protected":false},"author":6,"menu_order":14,"template":"","meta":{"_candela_citation":"[]","pb_show_title":"on","pb_short_title":"","pb_subtitle":"","pb_authors":[],"pb_section_license":""},"chapter-type":[],"contributor":[],"license":[],"part":3,"module-header":"","content_attributions":[],"internal_book_links":[],"video_content":null,"cc_video_embed_content":{"cc_scripts":"","media_targets":[]},"try_it_collection":null,"_links":{"self":[{"href":"https:\/\/content.one.lumenlearning.com\/qrpracticepages\/wp-json\/pressbooks\/v2\/chapters\/50"}],"collection":[{"href":"https:\/\/content.one.lumenlearning.com\/qrpracticepages\/wp-json\/pressbooks\/v2\/chapters"}],"about":[{"href":"https:\/\/content.one.lumenlearning.com\/qrpracticepages\/wp-json\/wp\/v2\/types\/chapter"}],"author":[{"embeddable":true,"href":"https:\/\/content.one.lumenlearning.com\/qrpracticepages\/wp-json\/wp\/v2\/users\/6"}],"version-history":[{"count":0,"href":"https:\/\/content.one.lumenlearning.com\/qrpracticepages\/wp-json\/pressbooks\/v2\/chapters\/50\/revisions"}],"part":[{"href":"https:\/\/content.one.lumenlearning.com\/qrpracticepages\/wp-json\/pressbooks\/v2\/parts\/3"}],"metadata":[{"href":"https:\/\/content.one.lumenlearning.com\/qrpracticepages\/wp-json\/pressbooks\/v2\/chapters\/50\/metadata\/"}],"wp:attachment":[{"href":"https:\/\/content.one.lumenlearning.com\/qrpracticepages\/wp-json\/wp\/v2\/media?parent=50"}],"wp:term":[{"taxonomy":"chapter-type","embeddable":true,"href":"https:\/\/content.one.lumenlearning.com\/qrpracticepages\/wp-json\/pressbooks\/v2\/chapter-type?post=50"},{"taxonomy":"contributor","embeddable":true,"href":"https:\/\/content.one.lumenlearning.com\/qrpracticepages\/wp-json\/wp\/v2\/contributor?post=50"},{"taxonomy":"license","embeddable":true,"href":"https:\/\/content.one.lumenlearning.com\/qrpracticepages\/wp-json\/wp\/v2\/license?post=50"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}