\begin{tabular}{|l|}\hline OPTION 1: RENT-TO-OWN \ Pay for 7 years at R1 $$ 549 \mathrm{p} / \mathrm{m} $$ \ Additional costs: \ R782 initiation fee \ Buy-out after rental period R7 820 \ \hline\end{tabular}

Question

UpStudy AI · Accepted Answer

Certainly! Here's the information from your table presented in a clear and organized format:

---

### **OPTION 1: RENT-TO-OWN**

| **Details**                         | **Information**            |
|-------------------------------------|----------------------------|
| **Payment Term**                    | Pay for **7 years** at **R1,549 per month** |
| **Additional Costs**                | R782 initiation fee        |
| **Buy-out After Rental Period**     | R7,820                     |

---

#### **Summary:**
- **Duration:** 7 years of monthly payments.
- **Monthly Payment:** R1,549.
- **Upfront Cost:** R782 initiation fee.
- **Final Buy-out Price:** R7,820 after the rental period concludes.

---

If you intended to create a LaTeX table with this information, here's an improved version for better readability and structure:

```latex
\begin{table}[h!]
\centering
\begin{tabular}{|l|l|}
\hline
\multicolumn{2}{|c|}{	extbf{OPTION 1: RENT-TO-OWN}} \ \hline
	extbf{Payment Term} & Pay for 	extbf{7 years} at 	extbf{R1,549 per month} \ \hline
	extbf{Additional Costs} & R782 initiation fee \ \hline
	extbf{Buy-out After Rental Period} & R7,820 \ \hline
\end{tabular}
\caption{Rent-to-Own Payment Plan}
\label{tab:rent_to_own_option1}
\end{table}
```

**Explanation of the LaTeX Table:**
- **\begin{table}[h!]:** Starts the table environment and positions it “here” in the document.
- **\centering:** Centers the table on the page.
- **\begin{tabular}{|l|l|}:** Creates a table with two left-aligned columns, each separated by a vertical line.
- **\multicolumn{2}{|c|}{...}:** Merges two columns into one for the title, centered.
- **	extbf{...}:** Boldfaces the text for emphasis.
- **\hline:** Adds horizontal lines for clear separation between rows.
- **\caption{...}:** Adds a caption below the table.
- **\label{...}:** Assigns a label for referencing the table within the document.

---

Feel free to adjust the formatting to better suit your needs or let me know if you need further assistance!
Here's a simplified version of the provided information: --- **OPTION 1: RENT-TO-OWN** - **Payment Term:** 7 years at R1,549 per month - **Additional Costs:** R782 initiation fee - **Buy-out After Rental Period:** R7,820 --- **Summary:** - **Duration:** 7 years of monthly payments. - **Monthly Payment:** R1,549. - **Upfront Cost:** R782 initiation fee. - **Final Buy-out Price:** R7,820 after the rental period. --- If you prefer a LaTeX table format, here's an improved version: ```latex \begin{table}[h!] \centering \begin{tabular}{|l|l|} \hline 	extbf{Payment Term} & 7 years at R1,549 per month \ \hline 	extbf{Additional Costs} & R782 initiation fee \ \hline 	extbf{Buy-out After Rental Period} & R7,820 \ \hline \end{tabular} \caption{Rent-to-Own Payment Plan} \label{tab:rent_to_own_option1} \end{table} ``` **Explanation:** - **\begin{table}[h!]:** Positions the table "here" in the document. - **\centering:** Centers the table. - **\begin{tabular}{|l|l|}:** Creates a two-column table with vertical lines. - **	extbf{...}:** Boldfaces the table headers. - **\hline:** Adds horizontal lines for separation. - **\caption{...}:** Adds a caption below the table. - **\label{...}:** Assigns a label for referencing. --- Feel free to adjust the formatting as needed or let me know if you require further assistance!

OPTION 1: RENT-TO-OWN

Pay for 7 years at R1

Additional costs:

R782 initiation fee

Buy-out after rental period R7 820

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OPTION 1: RENT-TO-OWN Pay for 7 years at R1 Additional costs: R782 initiation fee Buy-out after rental period R7 820