Question
You rent an apartment that costs \$900$900 per month during the first year, but the rent is set to go up 7.5% per year. What would be the rent of the apartment during the 7th year of living in the apartment? Round to the nearest tenth (if necessary).
Answers
in year x, the rent will be
900 * 1.075^x
900 * 1.075^x
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