Question

Your parents are renting an apartment for you when you go away to college an annual contract is $502.00/month with a 2 month penalty if you break the lease the month to month contract is 615.00/month how much is the difference in payments if you stay the whole year

Answer 1

lease = 502.00*12 = 6024.00

m2m = 615*12 = 7380

7380 - 6024 = 1356 difference