You find an apartment which charges 925 a month rent. each year the rent increases by 6% a. write a sequence that represents the rent paid each year for the first 5 years.

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06-04-2022
Mathematics

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You find an apartment which charges 925 a month rent. each year the rent increases by 6% a. write a sequence that represents the rent paid each year for the first 5 years.

Sagot :

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bluchris bluchris · Answer 1 · 2022-04-06T18:15:39-04:00

bluchris bluchris

06-04-2022

Answer:

In the first 5 years, 138,750$ worth of rent will already have been paid.

Step-by-step explanation:

Since you have to pay 925$ a month worth of rent, in only 1 year, 5,550$ rent money will already have been payed. Now, multiply 925 x 5 x 30 = 138,750. Since the rent increases by 6% every year, in the first 5 years it would have already increased to 30%. So therefore, you would have to pay 138,750$ money worth of rent.

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You find an apartment which charges 925 a month rent. each year the rent increases by 6% a. write a sequence that represents the rent paid each year for the first 5 years.

Sagot :

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