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:
(c, b)
Step-by-step explanation:
Add the coordinates together and divide by 2
x coordinates: 2c + 0 = 2c, divided by 2 = c
y coordinates: 0 + 2b = 2b, divided by 2 = b
Answer:
Step-by-step explanation:
x+165 = 180
x = 180 - 165
x = 15