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3. Raj is moving to London to attend college. He finds two housing options near the campus. Option 1 Option 2 • Room in a home shared • 1-bedr vom basement apartment in a house • Rent: $470 a month, including all utilities • Must sign a 1-year lease with three other students Rent: $350 per month plus one-quarter of all utilities. a) What would be the annual rent for each option? b) What additional expense will Raj have if he chooses Option 1? c) Which option would you recommend to Raj? Justify your answer

3. Raj is moving to London to attend college. He finds two housing options near the campus. Option 1 Option 2 • Room in a home shared • 1-bedr vom basement apartment in a house • Rent: $470 a month, including all utilities • Must sign a 1-year lease with three other students Rent: $350 per month plus one-quarter of all utilities. a) What would be the annual rent for each option? b) What additional expense will Raj have if he chooses Option 1? c) Which option would you recommend to Raj? Justify your answer

Linear Algebra: A Modern Introduction
Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter2: Systems Of Linear Equations
Section2.4: Applications
Problem 28EQ
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3. Raj is moving to London to attend college. He finds two housing options near the campus. Option 1 Option 2 • Room in a home shared • 1-bedr vom basement with three other students] apartment in a house • Rent: $350 per month. • Rent: $470 a month, including all utilities plus one-quarter of all utilities • Must sign a 1-year lease a) What would be the annual rent for each option? b) What additional expense will Raj have if he chooses Option 1? c) Which option would you recommend to Raj? Justify your answer
Transcribed Image Text:3. Raj is moving to London to attend college. He finds two housing options near the campus. Option 1 Option 2 • Room in a home shared • 1-bedr vom basement with three other students] apartment in a house • Rent: $350 per month. • Rent: $470 a month, including all utilities plus one-quarter of all utilities • Must sign a 1-year lease a) What would be the annual rent for each option? b) What additional expense will Raj have if he chooses Option 1? c) Which option would you recommend to Raj? Justify your answer
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