Question
Of the following criteria for selecting a home, which would usually diminish the most in importance as the age of the buyers exceed 50?
Question 32 options:
Price
Convenient location
School system
Taxes
Question 33 (2 points)
The schedule that shows your monthly home payment and the amounts applied to principle and interest each month is called a depreciation table.
Question 33 options:
True
False
Question 32 options:
Price
Convenient location
School system
Taxes
Question 33 (2 points)
The schedule that shows your monthly home payment and the amounts applied to principle and interest each month is called a depreciation table.
Question 33 options:
True
False
Answers
GPT-4o mini
For Question 32, the criterion that would usually diminish the most in importance as the age of the buyers exceeds 50 is **School system**. Many buyers over the age of 50 are likely to be empty-nesters or retirees whose children have already left home, so proximity to good school systems may become less relevant.
For Question 33, the statement is **False**. The schedule that shows your monthly home payment and the amounts applied to principal and interest each month is called an **amortization table**, not a depreciation table.
For Question 33, the statement is **False**. The schedule that shows your monthly home payment and the amounts applied to principal and interest each month is called an **amortization table**, not a depreciation table.