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Check my work Rental Costs Annual rent Buying Costs Annual mortgage payments $9,800 interest) ea ($9,611 is Insurance Security deposit $8,120 220 1,360 Property taxes
Check my work Rental Costs Annual rent Buying Costs Annual mortgage payments $9,800 interest) ea ($9,611 is Insurance Security deposit $8,120 220 1,360 Property taxes Insurance/maintenance Down payment/closing costs Growth in equity Estimated annual appreciation 2,500 1,780 4,500 189 2,000 points eBook Assume an after-tax savings interest rate of 4 percent and a tax rate of 28 percent. Hint (a) Calculate the total rental cost and total buying cost. (Round your intermediate calculations and final answers to the nearest whole number.) Print References Total Cost Rental cost Buying cost
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