Questions We Can Help You To Answer

Paper instructions:

This project lets you explore with your information systems, the career position that you expect to have in 2025, and the career position which you may have in 2035, and the locale for each. You are purchasing a home in 2025, explaining how you have manag

Type of paper:

Essay (any type)

Discipline:

English and Literature

Format or citation style:

MLA

Paper instructions:

This project lets you explore with your information systems, the career position that you expect to have in 2025, and the career position which you may have in 2035, and the locale for each. You are purchasing a home in 2025, explaining how you have managed to acquire sufficient money to pay 20% of the purchase price of your home. Follow the directions below for the powerpoint slides or prexi or other visual presentation. Then, we fast forward to 2035, and you are being transferred - relocated to a different area of the country or world (your choice, but it must be a different area) and you are purchasing a home in that location. You will again need to explain how you have managed to have money available to pay 20% down on the home you are purchasing in 2035. You will describe the geographic location where your home is located and also the cost of living. You will include a description of the responsibilities and education required for your position and the salary you will be paid.



In this project you will (as outlined below in the slides for your project/presentation) share information about your projected career and first home in 2025, and your projected career and second home in 2035.



The title slide is your introduction.

The next eight (or more) slides will describe your job in 2025 as well as the location of and home you are purchasing.

The next eight (or more) slides will describe your job in 2035 as well as the location of and home you are purchasing.



There are numerous online sites providing all kinds of financial information, including mortgage calculations. The excel software application provides templates for mortgage calculations. Using available information systems, research the latest interest rate on a 30-year and a 15-year loan. Calculate the monthly payment of the loan required to purchase your home, 30 years and the current interest rate. What is the monthly payment on the same loan in a 15-year contract? What is the monthly payment on the same loan at an interest rate of 1% more than the first rate? You may use interest rates that are available today. Interest rates do change as the economy changes. Remember that you are paying 20% down of the cost of your home, and financing the remaining 80%.



Search on the web and find the home that you would consider purchasing assuming you are employed, and have saved enough money to pay 20% down of the purchase price. Now, find a similar home located in a different part of the United States that you would consider purchasing. Using the information systems you have studied, or of which you have knowledge, complete a presentation using the following guidelines. You may add additional slides if required for the information described in:

A slide describing the demographics and cost of living and quality of life in your first chosen location; and explaining why you are choosing your first preferred location.  What information will you request from the realtor? What information is important to you considering your  'life style' and family?  (This scenario is what you want it to be with respect to size of family, etc. and your interests and hobbies, etc.)





PowerPoint or Prezi presentation:



A Title slide showing your name.


A slide showing your job position or title, salary, location and company where you are employed. (This is something you will make up and you may be creative but you should be realistic, and perhaps select your “dream” job in your preferred location. The year is 2025 for your first home.




A slide or slides describing the demographics and cost of living and quality of life in your first chosen location; and explaining why you are choosing your first preferred location.  What information will you request from the realtor? What information is important to you considering your  'life style' and family?  (This scenario is what you want it to be with respect to size of family, etc. and your interests and hobbies, etc.)


A slide showing the home you are contemplating purchasing.


A slide showing the purchase price of the home, what your down payment would be, and explaining how you were able to save enough money for the 20% down payment.


A slide showing the monthly payment you would be required to make at the current interest rate if you purchase the home and pay for it over 15 years.


A slide as in the previous slide, but paying over 30 years.


A slide showing the monthly payment you would be required to make with an increase of 1% in the  interest rate if you purchase the home and pay for it over 15 years.




A slide as in the previous slide, but paying over 30 years. Tell us which loan you would choose for your home purchase


NEXT: Your 2035 Home and Job. You may if you wish choose a different job (You will most likely change careers a few times or at least jobs before you retire). Tell us your job title and share your job description.


A slide showing your job position or title, salary, location and company where you are employed. (This is something you will make up and you may be creative but you should be realistic, and perhaps select your “dream” job in your preferred location. The year is 2035 for your second home and location change.


A slide or slides describing the demographics and cost of living and quality of life in your chosen location; and explaining why you are choosing your preferred location.  What information will you request from the realtor? What information is important to you considering your  'life style' and family?  (This scenario is what you want it to be with respect to size of family, etc. and your interests and hobbies, etc.)


A slide showing the home you are contemplating purchasing.




A slide showing the purchase price of the home, what your down payment would be, and explaining how you were able to save enough money for the 20% down payment.


A slide showing the monthly payment you would be required to make at the current interest rate if you purchase the home and pay for it over 15 years.


A slide as in the previous slide, but paying over 30 years.


A slide showing the monthly payment you would be required to make with an increase of 1% in the  interest rate if you purchase the home and pay for it over 15 years.


A slide as in the previous slide, but paying over 30 years. – Tell us which loan you would choose for your home purchase.


This next-to-the-last slide should list the information systems along with sources you utilize to obtain and compile the information used in your presentation.


Your final slide will ask for questions.




There is not a required time specification for your presentation but you should be sure that you cover all the requirements listed above.



Please begin thinking about your job/career title of 2025, and 2035, as well as where you will locate and the homes you will enjoy in 2025 and 2035.