you rent an apartment that costs $1600 per month during the first year ,but the rent is set to go up 11.5% per year. what would be rent of the apartment during the 10th year of living in the apartment? round to the nearest tenth (if necessary ).

The rent of the apartment during the 10th year of living in the apartment is 4,751.9.

Let x represent the rent  of the apartment

Hence:

x= 1,600(1 + 0.115)^10

x=1,600(1.115)^10

x=4,751.9

Inconclusion the rent of the apartment during the 10th year of living in the apartment is 4,751.9.

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$4,750.

Step-by-step explanation:

To determine the rental value of the apartment in the tenth year, knowing that it is worth 1,600 during the first year but that it will be adjusted annually to 11.5%, the following calculation must be made:

X = 1,600 x (1 + 0.115) ^ 10

X = 4,751.91

Thus, at ten years, rounded to the nearest tenth, the rental value will be $ 4,750.

step-by-step explanation: yes

step-by-step explanation:

i think something is missing in your question because y-1=(x-12) would not pass through the point (-4,-3). because if you replace x by -4 your are supposed to find y=-3 which is not the case her. if you replace x by -4 you find =-15.

i assume the right equation is y-1=1/4*(x-12) because this one is passing through both your points (if you are interested to know how i found that out i can tell you).

in this equation if i replace x by -4 i find y=-3 and if i replace x by 12, i find y=1 so the line representing this equation is passing through those 2 points.

then the standard form of the equation is finding an expression of y in function of x

y-1=1/4*(x-12)

y=x/4-3+1

y=x/4-2

hope that .

do you confirm there was a mistake in the question?