Annual rent $ 7,380
1 answer:
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.
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Option C: (x+4) and (x-1) are the factors of the equation
Explanation:
Given that the equation is
We need to determine the factors of the equation.
Splitting the middle term, we get,
Grouping the terms, we have,
Let us factor out the term (x+4), we have,
Thus, the factors of the equation are (x+4) and (x-1)
Hence, Option C is the correct answer.