Question

You rent an apartment that costs $1300 per month during the first year, but the rent

is set to go up 12.5% per year. What would be the rent of the apartment during the 7th
year of living in the apartment? Round to the nearest tenth

Answer 1

I think you suppose to divid the percent by 2 & then multiply that answer with 1300 then add if not then I’m so sorry, but that’s how I remember it

Answer 2

3221.7 Is the answer :) if is wrong so sorry