You and your roommate would like to purchase a projection TV for your apartment. You have gathered the following information about the two leading models:
You paid $150 for your current TV two years ago.
Required:
Definitions:
Discretionary Spending
Non-essential expenditures that individuals choose to make out of their available income after fulfilling all necessities.
Affordable Fitness Center
A gym or physical fitness facility offering memberships or services at a price that is reasonable or lower than average.
Nontraditional Student
A term for students who pursue tertiary education who may not fit into the traditional college-aged student demographic, often due to delayed enrollment, part-time attendance, or other life circumstances.
Student Loans
Financial loans provided to students to help cover educational expenses, which typically must be repaid after graduation.
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