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you have found the house of your dreams and you have the choice between renting it with an infinite lease of 12,000 euros per

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you have found the house of your dreams and you have the choice between renting it with an infinite lease of 12,000 euros per year or buying it. The money is costing you 7%, and the rent should grow 3% per year per. From what purchase price do you prefer to rent?

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