View Assessment https://en-us-east-1-prod-feet01-xythos.content For questions 23-25 please use the following model assumptions in a rent vs buy exercises Monthly rent Renter's insurance/year Security deposit After tax rate of return on investments s 2.000 $ 300 1 month 6% $60 000 $ 500.000 400.000 30 8% Down payment House price Mortgage loan amount Mortgage duration years) Interest rate Annual Property taxes Annual Homeowner's insurance Annual Additional operating costs Closing costs when buying (%) Selling costs (%) Annual growth in house value Marginal tax rate timated house value in 3 years Selling costs in 3 years (5) $ $ 1.500 1.500 3% 5% 27% $ 562.432 5 28.122 SB Question 23 45 minutes remaining 25 sty a MacBook Pro blackboard View Assessment Bb https://car-us-east-1-prod-fleet01 Question 23 Calculate the total cost of renting for a 3 year period. Note: do not forget to include the opportunity cost of the security deposit. A $73,282 B $76,987 $73,976 $69,345 Question 24 Calculate the total mortgage payments over a 3 year period. A $178,967 B $105,662 $107.765 $105,876 45 minutes remaining 25 atv View Assessment Bb https://learn-us-east-1-prod-fleet01-xyt $105,662 $107,765 $105,876 Question 25 Calculate the total cost of buying the house for those that do not itemize if they sell in 3 years. A $$67,783 B $89,654 $108,207 $121,598 Additional content You can add text, images, and files here 45 minutes remaining ... ty 1 MacBook Pro 9c View Assessment https://en-us-east-1-prod-feet01-xythos.content For questions 23-25 please use the following model assumptions in a rent vs buy exercises Monthly rent Renter's insurance/year Security deposit After tax rate of return on investments s 2.000 $ 300 1 month 6% $60 000 $ 500.000 400.000 30 8% Down payment House price Mortgage loan amount Mortgage duration years) Interest rate Annual Property taxes Annual Homeowner's insurance Annual Additional operating costs Closing costs when buying (%) Selling costs (%) Annual growth in house value Marginal tax rate timated house value in 3 years Selling costs in 3 years (5) $ $ 1.500 1.500 3% 5% 27% $ 562.432 5 28.122 SB Question 23 45 minutes remaining 25 sty a MacBook Pro blackboard View Assessment Bb https://car-us-east-1-prod-fleet01 Question 23 Calculate the total cost of renting for a 3 year period. Note: do not forget to include the opportunity cost of the security deposit. A $73,282 B $76,987 $73,976 $69,345 Question 24 Calculate the total mortgage payments over a 3 year period. A $178,967 B $105,662 $107.765 $105,876 45 minutes remaining 25 atv View Assessment Bb https://learn-us-east-1-prod-fleet01-xyt $105,662 $107,765 $105,876 Question 25 Calculate the total cost of buying the house for those that do not itemize if they sell in 3 years. A $$67,783 B $89,654 $108,207 $121,598 Additional content You can add text, images, and files here 45 minutes remaining ... ty 1 MacBook Pro 9c
