Kelvin has recently graduated from a college program in computer engineering technology and has accepted a job with a computer networking company in Kitchener, Ontario. Kelvin would like to rent a one bedroom apartment. He can afford to spend between$750 and $1000 per month for rent plus utilities. He doesn't smoke,or have any pets,but does require parking.Find three apartments accommodations for kelvin. Give a brief description of each. For each option,estimate Kelvins total monthly expenditures for his accommodations. Select one of the three accommodations that you think is best for Kelvin and give reasons for your choice.Aldo describe why renting may be the best option for Kelvin.

Pratima and her husband are considering purchasing a house in Belleville, Ontario. Pratima works as a certified General Accountant,her husband is an estimator for a construction company. They have a three year old son and are expecting a second child. They are looking for a resale house close to a school. They have budgeted to spend $200000-$250000 on a home.with their savings, they have $40000 down payment plus all closing costs.

Find appropriate houses that satisfy their requirements. Give a brief description of each for options, estimate the total monthly expenditures for accommodations, including mortgage payments ( use an interest rate of 7%/a amortized over 25years), taxes,utilities and insurance. Select one of the three accommodations that you think is the best for Pratima and her husband and give reasons for your choice. Also, describe why renting would not be a wise option for family.