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Check my work Rental Costs Trsurance Security deposit Buying costs $7.520 Andal mortgage payments 152 Property taxes 1,050 Insurance/maintenance Down payment/elowing costs Growth in equity

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Check my work Rental Costs Trsurance Security deposit Buying costs $7.520 Andal mortgage payments 152 Property taxes 1,050 Insurance/maintenance Down payment/elowing costs Growth in equity Estimated anal appreciation points 1.000 Assume an after-tax savings interest rate of 5 percent and a tax rate of 28 percent (a) Calculate the total rental cost and total buying cost(ound your intermediate calculations and final whole number.) Total Cost Rental cost Buying cost (b) Based on the cost criteria, would you recommend buying or renting? Renting Buying

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