Nico Stephenson

Mathematics

8 November, 02:33

Larry is renting an apartment that will cost r dollars per month. He must pay a $100 application fee and a $25 credit report fee. His security deposit is two month's rent, and he must also pay the last month's rent upon signing the lease. His broker charges 5% of the total year's rent as the fee for finding the apartment. Express in terms of r the total cost of signing the lease.