The importance of economic factors in making her decision

Reference no: EM13666302

Amanda, aged 28, has recently received an inheritance amounting to $200,000. She currently rents a unit in Lilyfield, paying $500 per week. She comes to you for advice on whether she should use the money as a deposit on a home or put it in a term deposit with a bank. Discuss the issues you would raise with Amanda, particularly in relation to the importance of economic factors in making her decision.

Reference no: EM13666302

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