Answered

Join the growing community of curious minds on IDNLearn.com and get the answers you need. Whether your question is simple or complex, our community is here to provide detailed and trustworthy answers quickly and effectively.

You rent an apartment that costs $1000 per month during the first year, but the rent
is set to go up 12% per year. What would be the rent of the apartment during the 11th
year of living in the apartment? Round to the nearest tenth (if necessary).
Answer:
Submit Answer

Sagot :

Answer:

2320

Step-by-step explanation:

12% of 1000 is 120 so you multiple that time 11 which equals 1320 and then you add 1000 which gives you 2320
2320 hope this helps
We are delighted to have you as part of our community. Keep asking, answering, and sharing your insights. Together, we can create a valuable knowledge resource. Your questions find clarity at IDNLearn.com. Thanks for stopping by, and come back for more dependable solutions.