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Teresa rents her apart-ment for $650 per month, utilities not included. When she moved in, she paid a $700 security deposit using money from her

Teresa rents her apart-ment for $650 per month, utilities not included. When she moved in, she paid a $700 security deposit using money from her savings account that was paying 3% interest. Her renter's insurance costs her $60 per year. What are Teresa's total annual costs of renting?

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