Question: Based on the following data, would you recommend buying or renting? table [ [ Dental Cects ] , [ Annual rent,, 5 8 ,
Based on the following data, would you recommend buying or renting?
tableDental CectsAnnual rent,, eleInsurance$ Security deposit,,Buring CostsAnmael mertgage paymets,$ is interestProperty taves,Sonen prymet and clesing cests,Grewth is equity,Insurance and maintenance,Estianted antus! apereckatien,
Assume an aftertax savings interest rate of percent and a tax rate of percent. Assume this individual has other tax deductions that exceed the standard deduction amount.
a Calculate total rental cost and total buying cost.
Note: Round your intermediate calculations and final answers to the nearest whole dollar.
b Would you recommend buying or renting?
Answer is complete but not entirely correct.
tablea Rental coet,$a Buying cost,$b Would you recommend buying or renting?,Buying,
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