Question

Please please help me

1. What is meant by "annual percent increase in rent?"

2. List 2 things a tenant can do to lower the cost of heating, electricity, and water.
Heater :
Electricity:
Water :

3. If using simple conservation strategies can conserve resources by 15%, how much could a couple who spend $3000 annually on utilities save in 1 year.

4. Name 4 expenses, other than rent, that a renter may have.

Answer 1

1. Annual percent increase in rent is basically just a percentage of the rent increased each year.

2. Heater: Use fire places, or lower the amount of air conditioning usage so it's not so cold.

Electricity: Turn off ceiling fans and lights when not used, or only allow the essential things to use electricity.

Water: Not leave faucets or showers running, or no bathtubs which prevents baths.

3. The couple could save $450 in one year because 3000 divided by 0.15 which is the 15%, equals to the total amount saved at $450.

4. Groceries/everyday essentials, Gas money, taxes, pay off loans.