17
QuizMath Formula

Home Ownership — Test

Question 17 • Financial Algebra/Mathematics

Oskar and Bradley paid a $⁢190 application deposit for the 1,150 -square-foot apartment they are moving into. They must provide a credit report that costs $⁢30 and pay a security deposit equal to 1 month's rent. The landlord also requires first and last month's rent when signing the lease. The broker charged 11% of the yearly rent. The monthly rent is $⁢1,250 How much should Oskar and Bradley expect to pay to be able to move into the apartment? Oskar and Bradley should expect to pay $ [Blank 1] before moving into their apartment. Open image in full-screen view

Answer

Math Formula Answer:

5620

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