what is the answer of number 2
2. You just inherited a house with a market value of $300,000, and do not expect the value to change. Each year, you will pay $1,000 for utilities and $3,000 in taxes. You can earn 6% interest on the money in the bank. Your cost of living in the house for a year is $_____.
2. You just inherited a house with a market value of $300,000, and do not expect the value to change. Each year, you will pay $1,000 for utilities and $3,000 in taxes. You can earn 6% interest on the money in the bank. Your cost of living in the house for a year is $_____.