After 6 years, the difference between owning the house and renting is $12,000.
<h3>What is the difference in owing and renting the house?</h3>
The first step is to determine the total cost of renting the house for six years.
Total cost of renting the house = rent per month x number of years x number of months in a year
1500 x 12 x 6 = $108,000
Difference = cost of owning - cost of renting
$120,000 - $108,000 = $12,000
To learn more about subtraction, please check: brainly.com/question/854115
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