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Two college friends rent an apartment. They have to pay the landlord two months rent and a $500 security deposit when they sign the lease. The total amount they pay the landlord is $2800. What is the rent for one month? Remember that they paid for two months plus the security deposit. Click the drop down menu to choose the correct amount.
2300.00per month
2800.00 per month
1150.00 per month
4600.00
The correct answer is $1150.00 per month.
To find the rent for one month, we need to subtract the security deposit from the total amount paid and then divide the remaining amount by the number of months they paid for.
The total amount they paid is $2800, and the security deposit is $500. Therefore, the remaining amount after subtracting the security deposit is $2800 - $500 = $2300.
They paid for two months, so we divide the remaining amount by 2: $2300 / 2 = $1150.
Therefore, the rent for one month is $1150.00 per month.
To find the rent for one month, we need to subtract the security deposit from the total amount paid and then divide by two (as they paid for two months).
Given that the total amount paid to the landlord is $2800 and the security deposit is $500:
Total rent paid = Total amount - Security deposit = $2800 - $500 = $2300
Rent for one month = Total rent paid / Number of months = $2300 / 2 = $1150
Therefore, the rent for one month is $1150.
So, the correct option from the given choices is 1150.00 per month.