Question
Thea's monthly rent is 1,600 dollars. If the rent goes up 3% a year, then the rent will be __________dollars per month after the first year .
Answer
$1,648
- Calculate the increase in rent. A: The increase in rent is 1,600 * 3% = 48.
- Calculate the new rent amount. A: The new rent amount is 1,600 + 48 = 1648.