You rent an apartment that costs $1700 per month during the first year, but the rent is set to go up 11% 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).

3,570

Step-by-step explanation:

First, you want to find out what 11% of 1,700 is before anything. to do this, you need to convert percentages to decimals. 11% = 0.11, so 1,700 * 0.11 = 187. That's how much the rent goes up per year, we want to find 10 years so we will multiply this by 10, which gives us 1,870. Add 1,700 with 1,870 and you get your answer 3,570.

the answer   is 200

step-by-step explanation:

this is a problem about poisson probabilities.   i don't know if you've

already studied poisson distributions, or if you have a place to look

to read more about the subject.  

here's how you can see a poisson distribution coming.   when there are

a lot of events that may happen at any time (or any place), and when

you're counting how many of them happen at a particular time (or a

particular place), and each event is independent of the others, then

the result is a poisson distribution.   this is roughly true for the

chocolate chips; one chip being in a cookie has only a small effect on

the probability that another chip will be in the cookie.

once you know you have a poisson distribution, you know a lot.   there

is only one parameter to a poisson distribution, so if you know the

mean, you know everything.   the form of the distribution is

  probability of n chips = {[e^(-x)]*(x^n)} / (n! )