The equations that we used in our nance chapter were very bene cial to me and my

classmates. Learning about the compound interest, annuity and payout annuity
formulas were all not only interesting but useful to an adult who may be considering
buying a home. This can also be used to purchase an auto or simply used for loans.
When making these big purchases it is important to consider how much money will be
going into interest and how much in total will be pain.

Or in this case, just as the project listed, I analyzed whether or not purchasing a
home is more valuable than renting a home. Whether or not it is worth investing in a
home for the long run. Betty, from the project was a smarter person in selecting what
type of housing she wanted to choose. She chose to buy a home, invested money and
in turn gained money. Similar to her choice, I will use this quantitative reasoning to help
me understand what will be the better option for myself. By using quantitative
reasoning, I will be able to analyze the situation and think about not only the amount of
money paid at the beginning, but also the gain that I will receive at the end. Thinking
about this and nursing reasoning will de nitely get me the better option .