Question

Find the cost to rent for 5 years if the monthly rental amount is $700 increasing $25 a month each year.

Answer 1

There are 12 months in a year and the equation is asking for 5 years, so 5x12=75
The rent starts at $700 and I️t increases $25 each month for 75 months

$700 +$25(75)
$700+ $1,875
$2,575