Rachel is deciding whether to remain in the home she has lived in for the...
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Accounting
Rachel is deciding whether to remain in the home she has lived in for the past ten years, which is located very near her work, or to move into a newer home that is located in the suburbs further from her job. The old house was purchased for $160,000 and has a market value of $220,000. The new home can be purchased for $285,000. Which of the following is not relevant to Rachel's decision?
Driving distance to work
Cost of the old house
Market value of the old house
Cost of the new house
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