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Crystal is looking for a new apartment. What are her total annual costs associated with renting? • Monthly rent payments $1,2

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Answer #1

HI

Total annual cost associated with renting = annual rent + renter insurance + interest lost on security deposit

=12*1200 + 250 + 10

=14400 +250 +10 = $14,660

Hence option c is correct answer here.

Thanks

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