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4 October, 22:23

Set up and solve an equation for the following business situation.

Scott Mason purchased a 5 unit apartment building as an investment before he retired. From the rent he collects each month, Scott pays out $600 for expenses. How much rent must he charge (in dollars) for each of the 5 apartments if he wants to make $800 profit each month? The amount of rent is the same for each of the apartments.

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  1. 4 October, 22:37
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    Step-by-step explanation:

    5 (x) - 600=800

    x=280
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