Question: Will like if correct, thank you Five years have passed and Jamie Lee, 34, is considering taking the plunge-not only is she engaged to be

Will like if correct, thank you Will like if correct, thank you Five years have passed and Jamie

Five years have passed and Jamie Lee, 34, is considering taking the plunge-not only is she engaged to be married, but she is also deciding on whether to purchase a new home. Jamie Lee's cupcake cafe is a successt it has been open for over a year now and has eamed itself rave reviews in the local press and from its regular customers who just cannot get enough of her delicious varieties of cupcakes. One such customer, who stopped by on a whim in the cufe's first week of business, is Ross. After a whirlwind courtship. Ross, a selfemployed web designer, proposed, and Jamie Lee agreed to be his wite The bungalow that Jamie Lee has been renting for the past five years is too small for the soon-to-be newlyweds. so Jamie Lee and Ross have found a brand new three-bedroom, 21/2 bath home in a quiet neighborhood for $273,000 Their neighborhood's homeowner's association dues would be $300.00 a year. After paying a year's worth of house payments, their equity would be $3,900. Based on Jamie Lee and Ross' income, they fall into a 25% tax rate bracket. Use this payment information along with the information below to compare the costs of renting and buying a house

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