a property manager charges $59 per month plus 8% of the rent
Let x be the monthly rent of the property
y be the total monthly fees
(a) Total monthly fees = 8% of rent + 59
8% = 0.08
y = 0.08 x + 59
(b) Jack pays the property manager $165 each month
Monthly fees y = 165, we need to solve for x
y = 0.08 x + 59
165= 0.08x + 59 (subtract 59 on both sides)
106 = 0.08x
So x= 1325, Monthly rent on his property = $1325
(c) jack raises the rent on the house to $1,495
y = 0.08 x + 59
Plug in 1495 for x and find out y
y = 0.08(1495) + 59
y= 178.6
When rent x= 1325 , he paid = $106
When rent is increased to 1495 , he has to pay = $178.6
178.6 - 106 = 72.6
he will pay $72.6 more to the property manager each month
