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You rent an apartment that costs $900 per month during the first year, but the rent is set to go up $170 per year. What would be the monthly rent during the 10th year of living in the apartment?

Respuesta :

The monthly rent of the apartment in the 10th year is  $1041.67.

What is the  monthly rent during the 10th year of living in the apartment?

The first step is to determine the yearly rent in the first year of living in the apartment.

Yearly rent = $900 x 12 = $10,800

The second step is to determine the yearly rent in the 10th year

$10,800 + (170 x 10) = $12,500

The third step is to determine the monthly rent

Monthly rent = $12500 / 12 = $1041.67

To learn more about division, please check: https://brainly.com/question/13281206

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