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Find the Cost of Monthly Rent for a 2-Bedroom Apartment $859.89\$ 859.89

Question 87

Multiple Choice

Find the cost of monthly rent for a 2-bedroom apartment in 30 years, assuming an annual inflation rate of 3%, if the current rent is $350.


A) $859.89\$ 859.89
B) $144.20\$ 144.20
C) $849.54\$ 849.54
D) $857.97\$ 857.97
E) $360.65\$ 360.65

Correct Answer:

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