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To manage a rental property a property manager charges $59 per month plus 8%of rent

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  1. 1 May, 18:22
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    A property manager charges = $59.

    Rent is = 8% of rent.

    Let us assume rent is = $ r per month.

    Therefore, 8% of r would be 0.08 r.

    Now, the total monthly fees charged by the property manager = Fix charge + 8% of rent.

    Let us take total montly charge by T.

    Therefore, we can setup an equation:

    T = 59 + 0.08r.

    Therefore, T = 59 + 0.08r is the equation to represent the total monthly fees charged by the property manager.
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