Given the information here, what is the total cost of renting per year? $\begin{array}{c}
\begin{array}{l}
\text{* Annual rent payments}\
\text{* Annual renter's insurance}\\
\text{* Annual interest lost on security deposit}\
\text{* Value of apartment}\
\end{array}
\begin{array}{r}
\$ 14,400 \
\$ 300 \\
\$ 10 \
\$ 150,000\
\end{array}
\end{array}$

Question

Quizplus · Accepted Answer

To calculate the total cost of renting per year, we need to add all the given values.
Rent payments + Renters insurance + Interest lost on security deposit = $14,400 + $300 + $10 = $14,710
So, the total cost of renting per year is $14,710.

Given the Information Here, What Is the Total Cost of Renting