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2. Determine the opportunity costs, on a monthly basis, of using the required funds for closing (i.e., down p rather than leaving those funds invested

2. Determine the "opportunity" costs, on a monthly basis, of using the required funds for closing (i.e., down p rather than leaving those funds invested and earning the monthly effective rate determined in part (a). 3. Determine the monthly additional payments required to buy versus rent (include the monthly opportunity

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