Answers CPS Online Personal Finance fall – 3-2027 Making Spending DecisionsQuestion 8

8

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Making Spending Decisions

Question 8 • ***CPS Online Personal Finance fall – 3-2027

What is the advantage of renting the apartment over buying a home? Check all that apply.

Answer

A

There is greater privacy in an apartment compared to a single family home.

B

Utilities, such as electricity and water, are included in Sasha’s rent payment.

C

Sasha’s upfront costs will be lower, allowing her to keep her savings.

D

Sasha’s monthly costs will be lower.

E

Sasha will make money if the value of the apartment increases.

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