Merissa wants to borrow 12000 to purchase a used boat. After looking at her montly budget, she relaizes that all she can afford to pay per month is $250. The bank is offering a 6.1% loan. What should the length of her loan be so that she can keep her budget

Which of the following describes one of the ways that the demographics of an area affect the price of housing in that area? a. when more people have children, their incomes tend to be higher and the housing prices are also higher. b. older people are more likely to stay in their houses, creating a seller's market that keeps prices low. c. an area with a lower population density won't have enough construction workers to build new houses quickly. d. an area with younger people will have a higher demand for rentals and a lower demand for buying.