Get detailed and accurate answers to your questions on IDNLearn.com. Join our interactive community and get comprehensive, reliable answers to all your questions.

- Andy wants to rent a one-bedroom apartment in Green Acres. The apartment has a monthly rent of
$1,425. He must pay a $150 application fee, a security deposit that is equal to one month's rent and must
also
pay the last month's rent. His broker charges 5% of the yearly rent. How much is he expected to pay
up front in order to rent this apartment?


Sagot :

Answer:

$161.88

Step-by-step explanation:

1, 425 * 0.05 = 71.25 = yearly

71.25 / 12 = 5.94 = monthly

5.94 * 2 = 11.88 = for two months

11.88 + 150 = 161.88 = the amount he is expected to pay

Tell me if I'm wrong :)

We appreciate every question and answer you provide. Keep engaging and finding the best solutions. This community is the perfect place to learn and grow together. IDNLearn.com provides the best answers to your questions. Thank you for visiting, and come back soon for more helpful information.