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10 pts
Remy is considering moving into a one-bedroom apartment in Quiet Trees Gardens. The apartment has
a monthly rent of $1,650.
Below are the fees she has been quoted. How much is she expected to pay up front in order to rent this
apartment?
Application: 1.5% of 1 month's rent
Credit application fee $30
Security deposit: 1 month's rent
Last month's rent
Broker's fee: 7% of 1 year's rent
$6,390.75
$6,820.35
O $3,090,75
$4,740,75
Question 4
10 pts

Sagot :

Answer:

Total amount pay for new apartment = $4,740.75

Step-by-step explanation:

Find:

Total amount pay for new apartment

Computation:

Particular                                       Amount

Monthly rent of apartment           $1,650

Add:

Application fee [1,650 x 1.5%]      $24.75

Credit application fee                   $30

Security rent                                  $1,650

Broker's fee [1,650 x 12 x 7%]      $1,386

Total                                               $4,740.75

Total amount pay for new apartment = $4,740.75

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