Margaret pays $580 per month to rent her apartment. at the beginning of the next year, the apartment complex is increasing its rent 5%. How much will Margaret pay each month to rent the apartment next

Margaret pays $580 per month to rent her apartment. at the beginning of the next year, the apartment complex is increasing its rent 5%. How much will Margaret pay each month to rent the apartment next year.

A $870
B $609
C $596
D $585

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