Question

Select all of the ongoing costs associated with renting. (MORE THAN ONE!) Please and thank you :)

rent payment
security deposit
utility bills
homeowner's insurance
renter's insurance

Answer 1

Renters insurance

Utility bills

rent payment

Explanation:

Odyssey ware

Answer 2

Rent payment

Utility bills

Step-by-step explanation:

On going costs are the ones that are continuously occurring whereas on the other hand, cost that only incur once are known as fixed costs.

In the above question, the ongoing costs associated with renting would only be the house rent and utility bills. These occur every month where as the security payment occurs only once before renting. The other two options are not associated with renting.