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The monthly rents for five apartments advertised in a newspaper were $690, $690, $760, $1600, and $850. Use the mean, median, and mode of the rents to answer the question. Which value best describes the monthly rents?

The mode best describes the rents because $690 was the rent seen most often.
The mean best describes the rents because $918 is the average rent.
The median best describes the rents because most of the rents were near $760.