Question

Keyon and two of his friends are going to rent a 3 bedroom apartment for $840 a month. The security deposit is $500 and the pet deposit is $265. In addition to the deposits, Keyon and his friends must pay first and last month's rent. If they split the cost evenly, how much will each pay to move in?

A) $535
B) $613
C) $727
D) $815

Answer 1

A) $ 535

Explanation:

Given,

Rent amount = $ 840,

Security deposit = $ 500,

Pet deposit = $ 265

Total deposit = 840 + 500 + 265 = $ 1605,

Also, the number of person = 3,

If they split the cost evenly,

Then, amount paid by each =
`\frac{\text{Total deposit}}{\text{Total person}}`

`=(1605)/(3)`

`=\$ 535`

Option 'A' is correct.