Question

Apartment A rents for $600 per month and includes heat and electric. Apartment B rents for $400 per month but heat and electric are not included. Electric averages $40 per month. Heat costs for last year totaled $800. Which apartment is cheaper?

Answer 1

Apartment B would be cheaper because it averages out to be $506.67 per month.

Answer 2

Apartment B is slightly cheaper at in between $506 and $507