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Q14: Rent for a 3-bedroom apartment is regularly $936 per month. Apartment management is now offering one month free for a 12-month lease. If you sign a one year lease and apply the free month equally across months, how much is your monthly lease amount?

User Cernunnos
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1 Answer

1 vote

Answer:

$858

Explanation:

You pay for 11 of the 12 months, so the average monthly payment is ...

(11/12)×$936 = $858

User Gael Lorieul
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