Question

Nial is signing a lease for an apartment that rents for $1020/month. How much will he pay to move in if he must pay the first and last months' rent and a security deposit equal to 60% of his monthly rent?

2040


$2448


$2652


$2856

Answer 1

1020 + 1020 = 2040
%60 of 1020 is:612
2040+612=2652
so third one is true

Answer 2

Option (c) is correct.

He pays $ 2652.

Explanation:

Given : Nial is signing a lease for an apartment that rents for $1020/month.

We have to find the amount he pay to move in if he must pay the first and last months' rent and a security deposit equal to 60% of his monthly rent.

Since, given he must pay the first and last months' rent and a security deposit equal to 60% of his monthly rent.

Given monthly rent is $ 1020

That is 60% of his monthly rent =
`(60)/(100)* 1020=612`

Thus, total amount he needs to pay is first month rent + last month rent + 60% of his monthly rent.

That is 1020 + 1020 + 612 = 2652.

Thus, He pays $ 2652.