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Audra owns a rental house. She makes mortgage payments of $1,490 per month, which include insurance, and pays $1,860 per year in property taxes and
Audra owns a rental house. She makes mortgage payments of $1,490 per month, which include insurance, and pays $1,860 per year in property taxes and maintenance. Utilities are paid by the renter.
What should Audra charge for monthly rent to make $2,300 profit each year? (Round intermediate calculations and final answer to 2 decimal places. Ignore any tax effects.)
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