SOLUTION: A family is renting an apartment. For 2007, the rent is $1849 per month. The monthly rent in 2007 is 7.5% higher than the monthly rent in 2006. Determine the monthly rent in 2006.
Algebra ->
Customizable Word Problem Solvers
-> Finance
-> SOLUTION: A family is renting an apartment. For 2007, the rent is $1849 per month. The monthly rent in 2007 is 7.5% higher than the monthly rent in 2006. Determine the monthly rent in 2006.
Log On
Question 813431: A family is renting an apartment. For 2007, the rent is $1849 per month. The monthly rent in 2007 is 7.5% higher than the monthly rent in 2006. Determine the monthly rent in 2006. Answer by TimothyLamb(4379) (Show Source):
You can put this solution on YOUR website! osix * 1.075 = 1849
osix = 1849/1.075
---
Answer
rent in 2006 was = 1849/1.075 = $1720 per month
---
Solve and graph linear equations:
https://sooeet.com/math/linear-equation-solver.php
---
Solve quadratic equations, quadratic formula:
https://sooeet.com/math/quadratic-formula-solver.php
---
Convert fractions, decimals, and percents:
https://sooeet.com/math/fraction-decimal-percent.php
---
Calculate and graph the linear regression of any data set:
https://sooeet.com/math/linear-regression.php
