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You rent an apartment that costs $1300 per month during the first year, but the rent
is set to go up 7.5% 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).

Respuesta :

epicyolo64

Answer:

$2679.30

Step-by-step explanation:

For interest questions, we can set up an equation such as

[tex]1300(1.075)^x[/tex]

When we substitute in x as 10 into this equation, our output becomes

2679.341031. Rounding to the nearest tenth will result in

$2679.30

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