Question

Carlos has a high paying job at a software development firm. He has enjoyed living in the same area for many years which is close to family and friends. He has accumulated a moderate amount of savings over the past three years. Some of Carlos's favorite pastimes include woodworking and home improvement projects.
Should he buy or lease tools for his pastimes?

Answer 1

According to the given situation, Carols should buy the tools for his pastimes.

What is lease?

A lease is a legally binding contract in which one person agrees to rent property held by some other party.

It provides the renter or lessee use of the property in exchange for monthly payments to the owner of the property or landlord for a predetermined period of time.

According to the above situation, Carols is working in a software company where he gets paid enough to buy the equipments for his pastimes or interest areas.

Learn more about lease here:

brainly.com/question/29216664

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