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Sagot :
After 6 years, the difference between owning the house and renting is $12,000.
What is the difference in owing and renting the house?
The first step is to determine the total cost of renting the house for six years.
Total cost of renting the house = rent per month x number of years x number of months in a year
1500 x 12 x 6 = $108,000
Difference = cost of owning - cost of renting
$120,000 - $108,000 = $12,000
To learn more about subtraction, please check: https://brainly.com/question/854115
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