248,217 views
9 votes
9 votes
You rent an apartment that costs

$
800
$800 per month during the first year, but the rent is set to go up 12.5% per year. What would be the rent of the apartment during the 10th year of living in the apartment? Round to the nearest tenth (if necessary).

User Jimmery
by
2.9k points

1 Answer

20 votes
20 votes

Answer:

2,309.2

This could be wrong but I'm pretty sure it's right

User Michael Ekoka
by
3.5k points