Business, 27.07.2019 19:20 renaeenriquez2016

Marquet is relocating to an area where she will be attending college. she finds a townhome with an option to rent or buy. the conditions of each are shown below. rent: move-in cost of $1,350 and monthly payment of $795. buy: move-in cost of $8,235 and monthly payments of $750. marquet plans to stay in the area for the 5 years it will take her to get a graduate degree, so she decides to buy. choose the best evaluation of marquet's decision. a. since the costs would be the same over the 5 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 5 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 5 year period. d. there is not enough information given to determine which option is best.

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Marquet is relocating to an area where she will be attending college. she finds a townhome with an o...

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