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- 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 :)