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college math prep A project part 2, step 4 rent or own a home The Bainters want to compare the costs of renting a home

college math prep A project part 2, step 4 rent or own a home The Bainters want to compare the costs of renting a home to the costs of owning a home before considering the other factors. Keep in mind that the Bainters anticipate that they will live in the area for a minimum of 15 years. How does the cost of renting for a year compare to the cost of owning for a year? Does one option seem better than the other based on the cost estimates alone? Why?

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