A. Knowledge/Understanding, Communication (10 marks) Use the best word from the box to fill each blank in the following sentences. amortization amount annuity CMHC Book value budget duplex condominium deficit depreciation exponent geometric GDS GST lease mortgage PST RESP RRSP regression TDS zero survey variable is a series of payments or deposits at regular 1. A(n) intervals.
2. A(n) is a type of loan by which the borrower gives the lender security for repayment of the loan and is typically the type of loan for home buying. 3. A(n). is a self-contained housing unit clustered with other units in an apartment building or townhouse complex and is purchased, not rented. 4. is a federal agency that provides mortgage loan insurance to qualified home buyers who do not have the 25% down payment for a conventional mortgage. is a record that shows the flow of money, as it 5. A(n). comes in (income) and as it is spent (expenses). 6. The is the ratio of the total monthly expenses to the total monthly income and should be less than 40%. is the rate at which an asset's value decreases. 7. dulto queES
8. future or past trends for a set of data. analysis is a technique for finding a model to guess 9. A(n). views. is an investigation of a topic to find out people's 10. A(n) an equation. is a letter used to represent a numerical value in Part B Communication [10 marks] 1. [6 marks] Buying a home and renting a home involve both similar and unique costs. Complete the following table listing as many similar and unique costs as possible. Similar costs Unique renting costs Unique buying costs
A. Knowledge/Understanding, Communication (10 marks) Use the best word from the box to fill each blank in the following
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A. Knowledge/Understanding, Communication (10 marks) Use the best word from the box to fill each blank in the following
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