Answers Financial literacy Q2 - Brinkerhoff - 2000 - 202526 SpendingQuestion 27054

27054

AssignmentMultiple Choice

Spending

Question 27054 • Financial literacy Q2 - Brinkerhoff - 2000 - 2025/26

What is the advantage of buying the house over renting the apartment?

Answer

A

Sasha’s monthly expenses would be less for buying than for renting.

B

The extra expenses in the mortgage payment cover all maintenance and repairs.

C

Sasha’s down payment will likely be less if she decided to buy.

D

Sasha will own the house and earn equity as its value increases.

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