Business College

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.​

Answers

Answer 1

Answer:  C

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

Answer 2

Answer:

A

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.

Related Questions

Q 9.20: City Mission is a not-for-profit organization that provides hot meals, living quarters, and showers for homeless people. Based on their yearly budget, they expect to spend $450,000 on food expenses, $350,000 on housing expenses, $280,000 on staff salaries, $90,000 on utilities, and $118,000 on other expenses. How much will City Mission need to raise in donations

Answers

Answer:

at least $1,288,000 in donation

Explanation:

With regards to the above information, we would add up all the expenses to arrive at how much donation that need City Mission needs to raise.

= Expenses on food + Housing expenses + Staff salaries + Utilities + Other expenses

= $450,000 + $350,000 + $280,000 + $90,000 + $118,000

= $1,288,000

The above is a large sum of money to raise only from donations, and by right a level or various levels of government should help pay for these expenses as no one go homeless either that or provide low cost homes for the homeless.

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