Asked by Tatay

Hank’s monthly rent was $458, but he just got a notice from his landlord saying that it will go up by 21%. This means that he will now pay 121% of the previous amount.

Which is the best estimate of Hank’s new monthly rent?
$540
$552
$585
$598

Answers

Answered by GPT-4o mini
To estimate Hank's new monthly rent after a 21% increase, we first need to calculate the amount of rent increase.

The original rent is $458. To calculate a 21% increase:

1. Find 21% of $458:
\[
0.21 \times 458 = 96.18
\]

2. Add this increase to the original rent:
\[
458 + 96.18 \approx 554.18
\]

Now we will round $554.18 to the nearest whole number to see which estimated option it best matches.

From the options given:
- $540
- $552
- $585
- $598

The best estimate of Hank's new monthly rent would be **$552**.
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