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3 years ago

One reason to buy a home instead of rent a home is:

Business

2 answers:

kobusy [5.1K]3 years ago

6 0

I think the answer is A. Homes have the potential to appreciate in value over time.

Reptile [31]3 years ago

3 0

The option A is correct.

One reason to buy a home instead of rent a home is that the homes have the potential to appreciate over time.

Further Explanation:

Buy a home:

Buy a home means to purchase a home by investing a huge amount of money. It also refers to owning. Owning means to get possession of something. For example, acquire the property, purchase a home, purchased machinery, and purchased equipment. Owning can lead to lower costs in the long term.

Rent a home:

Rent a home means the tenant pays a fixed amount of money to the owner of the home. The rent has to be paid every month. The amount of rent can be varied according to the type of house, availability of home to the nearby park, hospital and any other basic amenities, the home would be park facing and sun-facing, and many other factors should be considered for computing the amount of rent.

Justification for the correct and incorrect answer:

Homes have the potential to appreciate over time: This option is correct.

The renting home does not have any benefit regarding the increase in the price of a home; it will give the benefit to the owner of the home. So this option is correct to buy a home instead of rent is better off because it has the potential to increase the value of the home.

Homes have fewer maintenance costs: This option is incorrect.

Homes need more maintenance costs, but in case of rent a home, there is no need for maintenance costs. The maintenance cost is paid by the owner of the home.

Buying a home requires less money upfront: This option is incorrect.

To purchase a home, it requires a lot of money at the upfront time. This statement is incorrect.

Buying a home is a more flexible housing option:This option is incorrect.

Renting a home is a more flexible housing option than buying a home. Now the individual cannot move from place to place as it requires more money. This statement is incorrect.

Learn more:

1. Learn more about renting

brainly.com/question/2288011

2. Learn more about owning

brainly.com/question/2731676

3. Learn more about owning vs. renting

brainly.com/question/2665554

Answer details:

Grade: Middle School

Subject: Accounting

Chapter: Owning vs. Renting

Keywords: the reason to buy, a home, instead of, rent, a home is, have the potential, appreciate, value over time, fewer, maintenance costs, less money, upfront, more flexible, housing option.

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2 years ago

The Company deposits $6,900 in an account that earns interest at an annual rate of 8%, compounded quarterly. The $6,900 plus ear

astra-53 [7]

Answer:

$8750.87

Explanation:

This is compound interest problem. The formula used to solve this would be:

$F=P(1+r)^t$

Where

F is the future value (what we want, after 3 years)

P is the initial value (given 6900)

r is the rate of interest per period

here, 8% per year, so 8/4 = 2% per period (since compounded per quarter)

t is the time (3 years and compounding per year so times of compounding is 3*4 = 12), so t = 12

Substituting, we get our answer:

$F=P(1+r)^t\\F=6900(1+0.02)^{12}\\F=6900(1.02)^{12}\\F=8750.87$

There will be about $8750.87 at the account at the end of 3 years!

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3 years ago

Saturn Industries purchased and consumed 64,000 gallons of direct material that was used in the production of 17,000 finished un

Nikitich [7]

Answer:

The actual price = $1.08

Explanation:

The standard material price can be worked out as follows:

Step 1: Work out the standard price of material using the material usage variance

Standard price = Material usage variance/(standard quantity of material - actual quantity)

Standard quantity of material = standard qty per unit × actual production

= 4 × 17,000 =68,000

Standard price = 2,800/(68,000-64,000)= $0.7

Step 2 : Work out the Actual material price using the material price variance

Material price variance = (Standard price - Actual price )× Actual quantity of material

6,400 = (y - 0.7) × 17,000

6400 = 17,000y - 11,900

17,000 y = 6,400 + 11,900

y = 18,300/17,000= 1.08

The actual price = $1.08

5 0

3 years ago

A characteristic found only in oligopolies is products that are slightly different. interdependence of firms. break even level o

Delvig [45]

Answer:

The correct answer is the interdependence of firms.

Explanation:

An oligopoly market is a market structure where there are a few firms. these firms are interdependent. Price and output decisions of a firm affect its rivals. An oligopoly firm faces a downward-sloping demand curve.

In other market structures like monopolistic or perfect competition, the firms are not interdependent.

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4 years ago

Acme Home Builders, Inc., has build 24 houses so far this year at a total cost to the company of $4.80 million. If the company b

Dmitry_Shevchenko [17]

Answer:

25th house's Marginal cost is $250,000.

Explanation:

Given:

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Computation of marginal cost:

Marginal cost = Change in total cost

Marginal cost = Total cost of 25 houses - Total cost of 24 houses

Marginal cost = $5,050,000 - $4,800,000

Marginal cost = $250,000

So, we say that 25th house's marginal cost will be $250,000 .

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3 years ago