110k views
0 votes
Rent for a 3 bedroom apartment is regularly $936 per month. Apartment management is now offering one month free for a 12 month lease. If you sign a one year lease and apply the free month equally across months, how much is your monthly lease amount?

User SatAj
by
4.5k points

1 Answer

6 votes

Answer:

$858

Explanation:

Monthly lease amount is ⇒ $936

Considering one moth free, yearly rental would be

  • ⇒ 11*$936= $10296

The monthly lease amount :

  • ⇒ $10296 / 12 = $858
User Tarun Kurella
by
5.5k points