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Robert Dindo rents his apartment for $1,200 per month, utilities not included. When he moved in, he paid a $1,000 security deposit using money from
Robert Dindo rents his apartment for $1,200 per month, utilities not included. When he moved in, he paid a $1,000 security deposit using money from his TFSA account that was achieving an annual rate of 8% per year. His tenants insurance costs him $250 per year. What are Roberts total annual costs of renting? (Show your calculations)
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