Option A to buy a house has a monthly cost of 618 dollars, up-front cost of 24,000 dollars, and advantages of a home equity and a yard for a pet. Option B to rent close to work has a monthly cost of 950 dollars, up-front cost of 1,900, and advantages of convenient location, garage, and pool. Option C to rent further out has a monthly cost of 600 dollars, up-front cost of 1,200, and advantages of 2 bedrooms, light-rail, and pool. Based on your budget, which housing option is the best financial decision for you? Explain your answer in at least two sentences.

6carla would like to buy a dress, a dresser for her bedroom, and a home theater system. she has one month's worth of living expenses in her emergency fund. carla decides to save for the home theater system. did carla make the right decision? why or why not? a. yes; her emergency fund is full and the other items will probably be less expensive. b. yes; she could save more for her emergency fund, but the home theater will be harder to save for. c. no; she should save more for her emergency fund because she has saved less than the recommended amount. d. no; she should have bought the dress and dresser first because she could afford them right away. reset next