Calculating Rent & Lease Expenses

Rachel is considering moving into a one bedroom apartment in Glen Gardens. The apartment has a monthly rent

of $1,300. Here are the fees that she has been quoted. How much is she expected to pay up front in order to rent this

apartment?

Mathematical Equivalence

ON

Use 25% interval to find the monetary range that is recommended for the monthly housing budget in each situation. Round to

the nearest dollar.

a. Quincy makes $86,000 per year.

Mathematical Equivalence

ON

Use the interval 25% find the monetary range that is recommended for the monthly housing budget in each situation. Round to the nearest dollar.

b) Ashley makes $7,000 per month.

Mathematical Equivalence

ON

Use the interval 25%to fi nd the monetary range that is recommended for the monthly housing budget in each situation. Round to the nearest dollar.

c) Brenda makes $1,500 per week.

Mathematical Equivalence

ON

Emili just signed a lease on a rental apartment. The current rent

is $1,330 per month, and she estimates a 6% increase next year. How much will her rent be next year? Round to the nearest thousand dollars.

Mathematical Equivalence

ON