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.

The question is incomplete. The complete question is as follows.

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.

c. She made a poor decision if the property value does not increase. Renting the townhome would be cheaper over the 5 year period.

Step-by-step explanation: For each situation - buy or rent - the amount of money spent will be:

To Rent:

Move-in cost: $1,350

monthly payment: $795

For a 5 year period, there is 60 months. So the monthly payment will be:

monthly payment = 795·60 = 47700

She would spent, in total:

1,350 + 47700 = $49050

To Buy:

Move-in cost: $8,235

monthly payment: $750

in that period: 750·60 = 45000

The total spent is:

8,235 + 45000 = $53235

In the 5 year period, to rent, she would have spent $49050 and to buy, $53235. So, if the property value doesn't increase value, Renting would have been a better option.