Chadwick Norton
05/06/2023 · Primary School

In order to move in to a rental house, Sky and Max must pay a deposit of \( \$ 1,500 \). At the end of one year, Sky and Max have spent a total of \( \$ 11,280 \) on their rental costs. How much did they pay for their monthly rent payment? a. \( \$ 750 \) b. \( \$ 815 \) c. \( \$ 940 \) d. \( \$ 1,065 \)

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Step-by-step Solution

To find out how much Sky and Max paid for their monthly rent payment, we first need to determine the total amount they paid for rent excluding the deposit. The total amount spent on rental costs is \( \$ 11,280 \), which includes the deposit of \( \$ 1,500 \). Therefore, the total amount spent on rent alone is: \[ \text{Total rent} = \text{Total rental costs} - \text{Deposit} = 11,280 - 1,500 = 9,780 \] Next, we need to find the monthly rent payment. Since they rented for one year, which is 12 months, we can calculate the monthly rent by dividing the total rent by 12: \[ \text{Monthly rent} = \frac{\text{Total rent}}{12} = \frac{9,780}{12} = 815 \] Thus, the monthly rent payment is \( \$ 815 \). The correct answer is: b. \( \$ 815 \)

Quick Answer

The monthly rent payment is \( \$ 815 \). Therefore, the correct answer is b. \( \$ 815 \).
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