Based on the following data, calculate the items requested: Buying Costs Annual mortgage payments Property taxes Rental Costs Annual rent Insurance Security deposit $7,730 $ 180 $825 Down payment/closing costs Growth in equity Insurance/maintenance Estimated annual appreciation Rental cost Buying cost $ 10,500 (9,750 is interest) $ 1,920 $ 5,200 $ 750 $ 1,400 $ 2,050 Assume an after-tax savings interest rate of 5 percent and a tax rate of 26 percent. Assume this individual has other tax deductions that exceed the standard deduction amount. a. Calculate total rental cost and total buying cost. (Do not round intermediate calculations. Round your answers to the nearest whole dollar.)

Based on the following data, calculate the items requested: is interest) Assume an after-tax savings interest rate of 5 percent and a tax rate of 26 percent. Assume this inuvidual has other tax deductions that exceed the standard deduction amount. a. Calculate total rental cost and total buying cost. (Do not round intermediate calculations. Round your answers to the nearest whole dollar.)