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Based on the following data, would you recommend buying or renting? Assume an after-tax savings interest rate of 6 percent and a tax rate of

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Based on the following data, would you recommend buying or renting? Assume an after-tax savings interest rate of 6 percent and a tax rate of 32 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 doliar.) b. Would you recommend buying or renting? Buying Renting

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