Question

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Two friends decide to rent an apartment and split the cost evenly. They each paid $752 towards the total move in cost which included first and last month’s rent and a security deposit of $499. What will be the cost of rent per month for each of them?

Answer 1

They will both pay $63.50 a month

Explanation:

Since they paid $752 total and $499 as a security deposit, you subtract the two, getting you $253 in rent for both months. Divide that answer by 2 to get $126.5 to get how much they payed each month together, then divide by 2 again to get how much they each payed which is $63.50