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Alina is moving into a two-bedroom apartment in Downtown Tampa. The monthly rent is $2,000. Her up-front fees are shown. How much can she expect to pay up-front for this apartment? Round to the nearest dollar.

Application fee: 3% of one month's rent
Credit application fee: $20
Security deposit: 1 month's rent and last month's rent
Broker's fee: 14% of year's rent

1 Answer

4 votes

Answer:

7440

Explanation:

3%×2000=60

60+20=80

2000+2000=4000

4000+80=4080

14%×24000=3360+4080=7440

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