Answer:
1.300
Step-by-step explanation:
Answer:
Part A:
Rent = $7380
Mortgage payments = $9800
Insurance = $145
Taxes, insurance, maintenance =
= $2830
Loss of Interest on security deposit = (650*6%) = $39
Interest lost on down payment and closing cost = (4,500*6%) = $270
Growth in equity = $225
Annual appreciation = $1700
Tax savings for mortgage interest = (9,575*28%) = $2,681
Tax savings for property taxes = (1,780*28%) = $498
Total rental cost =
dollars
Total buying costs =
dollars
Part B:
You should consider rent because the cost of renting is less than the cost of buying.
Answer:
A. Cube A
Given:
Cube A volume = 5832 in³
For Cube B dimension in inches:
So Volume of Cube B:
L × B × H = 14.4 × 12 × 12 = 2073.6 in³
Cube A has a larger volume that Cube B.