Question

You rent an apartment that costs $1000 per month during the first year, but the rent

is set to go up 12% per year. What would be the rent of the apartment during the 11th
year of living in the apartment? Round to the nearest tenth (if necessary).
Answer:
Submit Answer

Answer 1

2320 hope this helps

Answer 2

2320

Explanation:

12% of 1000 is 120 so you multiple that time 11 which equals 1320 and then you add 1000 which gives you 2320