A motorcycle is for sale for $26,000. The dealer is willing to sell it on the following terms: No down payment; pay $440 at the end of each of the first 4 months; pay $840 at the end of each month after that until the loan has been paid in full. At 12% annual interest rate compounded monthly, how many $840 payments will be required (n)

Which of the following best explains why buying a house is more beneficial than renting? a. buying is a personal investment while renting involves giving money to the landlord. b. the monthly payments on a mortgage are generally lower than rent on an apartment. c. it's easier to sell a house than it is to get a landlord to break a rental agreement. d. housing prices can go up and down quickly in comparison to the level of rents.