Jimbo went to doogie’s auto repair and asked how much it would cost to have his engine overhauled. doogie told him $1,000 and told him if he wanted to have his engine overhauled the next day, he should leave his car in the customer parking area. the next day, jimbo dropped his car off at doogie’s parking area with the keys in it without saying a word. next day, he went to pick the car up. doogie met him and said "got her overhauled, that’ll be $1,000." jimbo said "what? i never accepted a thing you offered, never even said ‘yes’ or anything. for the free repairs! " imagine the costs doogie incurred were $400 and the profit was $600. under what theory should doogie be able to sue jimbo?

of the three mortgage options that demarco and tanya have to choose from, the balloon payment mortgage would be their best option, over adjustable payment and fixed payment plans.ultimately, the balloon payment plan would save demarco and tanya overall, in interest, would cost less monthly, and they would only have to make these payments for 8 years, opposing to 30 years for adjustable or fixed payment plans. 

overall, demarco and tanya would save $80,811 if they chose balloon payments over fixed payments, and would save $116,711 if they choose balloon payments over adjustable payments. benefits with choosing fixed payments over adjustable payments is that, in the end, the payments will still be $836.30 a month, while with adjustable payments, the initial monthly payments will be $763.38 to $1082.70 a month, ultimately leading to a more costly purchase. benefits with choosing fixed payments over balloon payments are not present. benefits in choosing adjustable payments over is that it has a lower interest rate, and starts with lower monthly payments initially. benefits in choosing adjustable payments over balloon payments include a lower interest rate, and lower initial monthly payments. benefits in choosing balloon payments over fixed payments include lower interest rates, lower overall price, lower monthly payments, takes less time to pay off, and does not require a downpayment. benefits in choosing balloon payments over adjustable payments include, lower monthly payments (when averaged), takes less time to pay off, and lower overall price.

hence, option c, balloon payments, is the best option for demarco and tanya to make this purchase, for it will save them a minimum of $80811, and a maximum of $116,711.