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You rent a home and have monthly payments to include mortgage payment, taxes, and insurance of $1,300. If you want to earn a profit of

You rent a home and have monthly payments to include mortgage payment, taxes, and insurance of $1,300. If you want to earn a profit of 20%, what is the monthly rent you will charge your renters?

Group of answer choices

$1,560.

$1,625.

$6,500.

$2,000.

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