Question

An ice cream company is going to open new stores in Los Angeles, San Francisco, and Seattle. The monthly cost for a square foot of rental space in each city is as follows. Los Angeles $5.75 San Francisco $6.95 Seattle $4.25 The store in Los Angeles will be 580 square feet, the store in San Francisco will be square feet, and the store in Seattle will be 465square feet. Find the total monthly rent for these three stores.

Answer 1

The total monthly rent for these three stores is $8,786.25.

Explanation:

The monthly cost for a square foot of rental space in each city is as follows:

Place Monthly Cost for a Square Foot

Los Angeles $5.75

San Francisco $6.95

Seattle $4.25

It is also provided that the store in Los Angeles will be 580 square feet, the store in San Francisco will be 500 square feet, and the store in Seattle will be 465 square feet.

Compute the total monthly rent for these three stores as follows:

Total Monthly Rent = Monthly Cost for a Square Foot × Area

`=(5.75*580)+(6.95*500)+(4.25*465)\\\\=3335+3475+1976.25\\\\=8786.25`

Thus, the total monthly rent for these three stores is $8,786.25.