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You have budgeted $850 per month for rent. Your landlord has just informed you that your rent is being raised by 5% now and another 5% on December 1st. What will your rent be at the end of this year?
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2 votes
You have budgeted $850 per month for rent. Your landlord has just informed you that your rent is being raised by 5% now and another 5% on December 1st. What will your rent be at the end of this year?

User Marco Grassi
by
4.0k points

2 Answers

5 votes

Answer:

$892.50

Explanation:

User Hilton Campbell
by
4.5k points
3 votes
Your rent will be $894.63 if u raise it that much
User George Harnwell
by
3.9k points
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