Mathematics, 15.11.2019 20:31 Confusedandlazy
Viola has to relocate for her job. she finds a townhome with an option to rent or buy. the conditions of each are shown below. rent: move-in costs of $2,380 and monthly payment of $845. buy: move-in costs of $5,260 and monthly payment of $785. viola moves frequently due to her job, but she thinks that she will stay in the area for 4 years. therefore, she decided to buy. choose the best evaluation of viola’s decision. a. since the costs would be the same over the 4 year period, she will have made a good decision if the property value does not decrease. b. she made a fairly good decision. buying the townhome will be cheaper over the 4 year period as long as she doesn’t have major repairs to make. c. she made a poor decision if the property value does not increase. renting the townhome would be cheaper over the 4 year period. d. there is not enough information given to determine which option is best
Answers: 2
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