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Math 131 8. You are in the 28% tax bracket. Your apartment rents for $600 per month. Your monthly mortgage payment would be $675 if
Math 131 8. You are in the 28% tax bracket. Your apartment rents for $600 per month. Your monthly mortgage payment would be $675 if which an average of $600 per month would go towards interest in the first year. Determine whether the monthly rent is greater than or less than the monthly house payment considering taxes. (4 points)
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