
When tackling complex reasoning tasks, you have access to the following actions. Use them as needed to progress through your thought process.

[ASSESS]

[ADVANCE]

[VERIFY]

[SIMPLIFY]

[SYNTHESIZE]

[PIVOT]

[OUTPUT]

You should strictly follow the format below:

[ACTION NAME]

# Your action step 1

# Your action step 2

# Your action step 3

...

Next action: [NEXT ACTION NAME]


system
A person invests in a property costing $20,000 and wants to achieve a $6\%$ return annually on the investment. The owner also incurs $500 in property taxes each year and continues to set aside $12\frac{1}{2}\%$ of each month's rent for maintenance and repairs. Calculate the needed monthly rent.
A) $150.00$
B) $162.10$
C) $175.00$
D) $190.00$

Present the answer in LaTex format: \boxed{Your answer}
user