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The amount to be paid in rent after 2 years if the rent as of now is $3,000 will be; $3,213.675
The question allows that we choose the amount being paid as rent as of now.
Let the rent paid as of now be; $3,000
In essence; after the first year; the amount increases by 3.5% to become;
After the second year; we have;
Ultimately; the amount to be paid after 2 years will be; $3,213.675.
When given the opportunity to change rent contracts;
- A situation that will be beneficial would be a 3.5% reduction in rent per year
- A situation that will not be beneficial would be a 7% increase in rent per year.
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5/6.
1-2/3=1/3.
(1/3)/2=1/6.
2/3+1/6=5/6.
Answer:
-1
Step-by-step explanation:
The given expression is:

We multiply by the reciprocal to get:

We factor so that we can cancel easily:

Cancel the common factors to get:

This simplifies to:
