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28 votes
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. Cho0se the best evaluation of Viola's deci 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.​

User Andrucz
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2 Answers

8 votes
8 votes

Answer:

A

Step-by-step explanation:

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.

User Pbrosset
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23 votes
23 votes

Answer: C

Explanation: i took a test on k12 with the same answer

User Unal
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