Value to change expect the market, Macroeconomics

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

A) $18,000

B) $18,240

C) $22,000

D) $240

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