This is what I have completed. I am confused on how to calculate the bottom porton of this statement.

To perform a rent-or-buy analysis, Megan and her husband have collected the following information If they rent, the builder will require monthly rental payments of $1,200 and a security deposit equal totwo month of rent. Since they want to be protected against the possible loss of their possessions, they will purchase a renters policy of $200 every six months, while a more comprehensive homeowners' policy will cost 0.5% of the home's value per