Question

A different building has office space for rent that doesn't not require a one time fee, but you must pay rent of $1000 per month. If you have $15000, at which building can you rent office space for the greatest amount of time

Answer 1

Answer: First building at 17.5 months

Explanation:

Months you can stay in the first building.

One time fee of $1,000 reduces the amount you have to;

= 15,000 - 1,000

= $14,000

Rent is $800. Months you can stay;

= 14,000/800

= 17.5 months

Months you can stay in second building;

Rent is $1,000 and no one time fee;

= 15,000/1,000

= 15 months

You can stay longer in the first building for 17.5 months.