The objective of this assignment is to provide students with the opportunity to perform practical application of time value of money concepts, to research relevant facts in performing qualitative and quantitative analysis, and to be able to apply quantitative reasoning critical and creative thinking and communication, and problem-solving skills For this assignment, you will be reading the case 'Time Value of Money: The Buy Versus Rent Decision', research relevant facts, perform analysis, and document your findings, analysis, and recommendation in a written report for Rebecca Young. This assignment carries 20%% of the grace. For the assignment, we will be using the case: Time Value of Money: The Buy Versus Rent Decision You can purchase the case, search (9814N024) (digital download) at https://www.iveycases.com. Update: Instead of $500,000 purchase price, we will use $700,000. Instead of 4% quoted rate, we will use 4.59% APR semi-annual compounding