The monthly rent for a one bedroom apartment is $600 and will increase by 0.5% each month next year represented by the function f(x) = 600(1.005).
The apartment will be adding an additional pet fee of $20 per month starting next year represented by the function g(x) = 20.
If William rents a one bedroom apartment and has a dog, which statement is true? Explain.
Williams's total cost of renting for the year would be represented by h(z) = 600(1.005) +20 because the dog fee is added after the increase.
Williams's total cost of renting each month would be represented by h(z) = 620(1.005) because the dog fee is added to the $600 before the increase.
William's total rent cost will exceed $650 by the end of next year because the increase will be about $3 per month plus the $20 pet fee.
William's total cost of renting will just increase by $20 per month because of the dog fee.
A) William’s total cost of renting for the year would be represented by h(x)=600(1.005)^x+20 because the dog fee is added after the increase.
B) William’s total cost of renting each month would be represented by h(x)=620(1.005)^x because the dog fee is added to the $600 before the increase.
C) William’s total rent cost will exceed $650 by the end of next year because the increase will be about $3 per month plus the $20 pet fee
D) William’s total cost of renting will just increase by $20 per month because of the dog fee.