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. which housing choice fits within your recommended monthly budget of $650-780? which option requires you to have at least $24,000 saved?

Answer :

Option c is the best option that can be recommended since it has the least total cost for a year.

What is the up-front cost?

An upfront cost is an initial sum of money owed in a purchase or business venture.

Option a:

Monthly cost = $618

Up-front cost = $24000

Total cost for a year= 618*12+24000 = $31416

Option b:

Monthly cost = $950

Up-front cost = $1900

Total cost for a year= 950*12+1900= $13300

Option c:

Monthly cost = $600

Up-front cost = $1200

Total cost for a year= 600*12+1200= $8400

Therefore, option c is the best option that can be recommended since it has the least total cost for a year.

To get more about upfront costs visit:

https://brainly.com/question/1803016

Answer:

1st question is A and C only, 2nd question is A only

Step-by-step explanation:

Got it right on edge. Have a great day :)