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Old 04-29-2007, 10:26 PM
Hank Scorpio Hank Scorpio is offline
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Join Date: Jan 2007
Posts: 568
Default Renting an Apartment HW Question

This question isn't hard (it's one part of a larger question). I'm just wondering what people feel would be the best way to answer it given the fact that there is no specific costs associated with utilities and other factors mentioned in the problem. Thanks for any help.

-you need a place to reside for 5 years
-you found an apartment that costs $600 a month
-the apartment includes no utilities or maintenance
-the landlord expects a security deposit of first and last months rent which is returned

How much will it cost you to rent this apartment for five years?
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