A new shopping is opening this month.before agreeing to open shops, store managers had toconsider monthly rent and whether to pay one time fee to put shop name on sign in front of store.
Kikis kupcakes
number of months total rent paid
2 9700
5 16750
8 23800
10 28500
12 33200
sewing circle
number of months total rent paid
3 7500
4 10000
6 15000
9 22500
11 27500
1.analyze rent payments of each shop.
A. Determine monthly rent for each shop.
To determine the monthly rent for each shop, we can divide the total rent paid by the number of months.
For Kiki's Kupcakes:
- Monthly Rent for 2 months: $9700 ÷ 2 = $4850
- Monthly Rent for 5 months: $16750 ÷ 5 ≈ $3350
- Monthly Rent for 8 months: $23800 ÷ 8 = $2975
- Monthly Rent for 10 months: $28500 ÷ 10 = $2850
- Monthly Rent for 12 months: $33200 ÷ 12 ≈ $2767
For Sewing Circle:
- Monthly Rent for 3 months: $7500 ÷ 3 = $2500
- Monthly Rent for 4 months: $10000 ÷ 4 = $2500
- Monthly Rent for 6 months: $15000 ÷ 6 = $2500
- Monthly Rent for 9 months: $22500 ÷ 9 = $2500
- Monthly Rent for 11 months: $27500 ÷ 11 ≈ $2500
Therefore, the monthly rent for Kiki's Kupcakes ranges from $2767 to $4850, while the monthly rent for Sewing Circle is consistently $2500.
To determine the monthly rent for each shop, we can divide the total rent paid by the number of months.
For Kiki's Kupcakes:
- For 2 months, the total rent paid is $9700.
- Dividing $9700 by 2, we get a monthly rent of $4850.
- For 5 months, the total rent paid is $16750.
- Dividing $16750 by 5, we get a monthly rent of $3350.
- For 8 months, the total rent paid is $23800.
- Dividing $23800 by 8, we get a monthly rent of $2975.
- For 10 months, the total rent paid is $28500.
- Dividing $28500 by 10, we get a monthly rent of $2850.
- For 12 months, the total rent paid is $33200.
- Dividing $33200 by 12, we get a monthly rent of $2766.67 (rounded to 2 decimal places).
For the Sewing Circle:
- For 3 months, the total rent paid is $7500.
- Dividing $7500 by 3, we get a monthly rent of $2500.
- For 4 months, the total rent paid is $10000.
- Dividing $10000 by 4, we get a monthly rent of $2500.
- For 6 months, the total rent paid is $15000.
- Dividing $15000 by 6, we get a monthly rent of $2500.
- For 9 months, the total rent paid is $22500.
- Dividing $22500 by 9, we get a monthly rent of $2500.
- For 11 months, the total rent paid is $27500.
- Dividing $27500 by 11, we get a monthly rent of $2500.
Therefore, the monthly rent for Kiki's Kupcakes ranges from $2766.67 to $4850, while the monthly rent for the Sewing Circle is $2500 consistently.