Rental Costs Annual rent Insurance Security deposit $7,520 152 1,050 Buying Costs Annual mortgage payments Property taxes Insurance/maintenance Down payment/closing costs Growth in equity Estimated annual appreciation $10,600 (59,605 is interest) 2,170 1,920 4,500 994 3,000 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. (Round your intermediate calculations and final answers to the nearest whole number.) Answer is complete but not entirely correct. Total Cost Rental cost $ 7.725 Buying cost 7.256