You rent an apartment that costs $1700 per month during the first year, but the rent is set to go up 9% per year. What would be the rent of the apartment during the 12th year of living in the apartment? Round to the nearest tenth (if necessary).

Given :

You rent an apartment that costs $1700 per month during the first year, but the rent is set to go up 9% per year.

To Find :

The rent of the apartment during the 12th year of living in the apartment.

Solution :

Let, A is the final price after 12 year and P is the principal amount.

We know, by formula of compounding :

Therefore, the rent of the apartment during the 12th year of living in the apartment is $4781.53 .

"image"

step-by-step explanation:

in most of these problems, the notation is that the point with a "prime" is the image of the point without. that is, b' is the image of b.

here, there is no dilation or reflection. there is simply translation (with no direction shown). which figure you call the "preimage" and which one you call the "image" is up to you. as a matter of convention, the naming is as described above.

answer: 4 (:

step-by-step explanation: