3.15 Renting

Why do many people prefer renting a home compared to buying a home?

• more affordable

• less affordable

• better properties

• worse properties

Tags

CCSS.RL.11-12.9

CCSS.RL.9-10.3

CCSS.RL.8.3

CCSS.RL.7.3

CCSS.RL.6.3

Select all correct answers.

When considering different rental properties, you should think about:

• rental cost

• access to laundry

• access to parking

• location

• access to internet

Select all correct answers.

These are examples of utilities:

• water

• electricity

• internet

• food

• garage

Fixed expenses are:

• costs that remain the same weekly or monthly

• costs that change weekly or monthly

• earnings that remain the same weekly or monthly

• earnings that change weekly or monthly

Tags

CCSS.3.OA.D.9

Variable expenses are:

• costs that remain the same weekly or monthly

• costs that change weekly or monthly

• earnings that remain the same weekly or monthly

• earnings that change weekly or monthly

Which of these is most likely to be a fixed monthly expense?

• water

• electricity

• internet

• phone

Which of these is most likely to be a variable monthly expense?

• electricity

• internet

• monthly rental cost

• garbage collection

Select all correct answers.

Signing a rental lease means that you will:

• follow rules when living in the property

• stay at the rental property for a set amount of time

• purchase the property after 10 years

• pay 6 months' worth of rent at the start

• watch over the property owner's pets

Tags

CCSS.RI.11-12.5

CCSS.RI.11-12.3

CCSS.RI.9-10.3

CCSS.RI.9-10.5

CCSS.RI.8.5

Joey has found a rental property with all utilities and internet included for $875 per month. He must however pay a monthly fee of $175 for parking. How much will Joey have to pay the property owner each month?

• $875

• $175

• $1050

• $700

Tags

CCSS.3.OA.D.8

Sheldon has found a rental property charing $780 per month. However, he will also have to pay for electricity (about $75 per month), water (about $62 per month), and internet ($88 per month). How much will Sheldon have to pay the property owner each month?

• $780

• $877

• $1005

• $1147

Tags

CCSS.3.OA.D.8