The monthly rent for the first house is $1,190,$1,190, and the Bainters can expect it to increase 1.7%1.7% every year. The Bainters want to calculate their monthly rent over time. How much will the monthly rent be after 11 year? Round your answer to the nearest whole dollar if necessary. Remember to write down and keep your calculations so you can use them in the other steps of the project.

College Algebra
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ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
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The monthly rent for the first house is $1,190,$1,190, and the Bainters can expect it to increase 1.7%1.7% every year. The Bainters want to calculate their monthly rent over time.

How much will the monthly rent be after 11 year?

Round your answer to the nearest whole dollar if necessary.

Remember to write down and keep your calculations so you can use them in the other steps of the project.

 

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