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13 Al tent Annual mortgage payments 10,600 19,925 i interest Trance 215 Property tax $2,060 Semrity deposit 1.000 Deve payment/closing costs $5.300 Insurance/intenance $1,750 Eatiated

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13 Al tent Annual mortgage payments 10,600 19,925 i interest Trance 215 Property tax $2,060 Semrity deposit 1.000 Deve payment/closing costs $5.300 Insurance/intenance $1,750 Eatiated as apreciation 3,400 Assume an after tax savings interest rate of 8 percent and a tax rate of 30 percent. Assume this individual has other tax deductions that exceed the standard deduction amount a. Calculate total rental cost and total buying cost (Do not round intermediate calculations. Round your answers to the nearest whole dollar) 12 oms H Rota cost Buying.com b. Would you recommend buying or renting O Renting O Buying

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