1. Right now, our economy is just beginning to recover from a recession. Jobs are hard to find and salaries are relatively low. How will you take this into account
when you make plans for what to do after high school?
2. When the economy is experiencing inflation, money is worth less and less over
time. What are three ways to protect yourself from the effects of inflation?

In a fixed-term, level-payment reverse mortgage, sometimes called a reverse annuity mortgage, or ram, a lender agrees to pay the homeowner a monthly payment, or annuity, and expects to be repaid from the homeowner’s equity when he or she sells the home or obtains other financing to pay off the ram. consider a household that owns a $150,000 home free and clear of mortgage debt. the ram lender agrees to a $100,000 ram for 10 years at 6 percent. assume payments are made annually, at the beginning of each year to the homeowner. calculate the annual payment on the ram.