anonymous
  • anonymous
Don Price bought a $70,000 house. He rents the house for $900 per month. He has $700 in monthly expenses. (1) What is the amount of the annual rent?
Mathematics
  • Stacey Warren - Expert brainly.com
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SOLVED
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schrodinger
  • schrodinger
I got my questions answered at brainly.com in under 10 minutes. Go to brainly.com now for free help!
anonymous
  • anonymous
wwjd
anonymous
  • anonymous
lol!:) Do you know Jesus?
anonymous
  • anonymous
Why would you ask that question for?

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anonymous
  • anonymous
That's not even funny man
anonymous
  • anonymous
Becuase benice asked wwjd. That stands for what would Jesus do. :)
anonymous
  • anonymous
He would probably sort out the unimportant information, and answer the question.
anonymous
  • anonymous
Its his own question @AnimalAin
anonymous
  • anonymous
Wow
anonymous
  • anonymous
What information given in the problem is important, and what isn't?
anonymous
  • anonymous
That's to funny! I'm sorry for the confusion. :) So I still don't understand the process...?
anonymous
  • anonymous
Can someone just answer his question? Poor guy. the responders are not even talking about what he is asking
anonymous
  • anonymous
The question is about the rent. Which of the three numbers in the question is about the rent?
anonymous
  • anonymous
He's bored
anonymous
  • anonymous
Thank you kk1022. :)
anonymous
  • anonymous
AnimalAin answer is the one I would put my faith in
anonymous
  • anonymous
I'm not bored. I have a question. I was just commenting on what benice said. There is nothing wrong with that.
anonymous
  • anonymous
Exactly
anonymous
  • anonymous
So can anybody explan? :)
anonymous
  • anonymous
Did you read my posts above?
anonymous
  • anonymous
The question is about the rent. Which of the three numbers in the question is about the rent? umm.. 70,000, 900, and 700
anonymous
  • anonymous
the question is asking simple what is the annual rent ..... the other figures are there to test your beliefs
anonymous
  • anonymous
You are not reading very carefully. Only one of the numbers is about the rent. Which one?
anonymous
  • anonymous
well said benice
anonymous
  • anonymous
Um... He rents his house for 900 a month.
anonymous
  • anonymous
How many months in a year?
anonymous
  • anonymous
12
anonymous
  • anonymous
You multiply 900 by 12
anonymous
  • anonymous
Well, we now have two numbers, 900 and 12. What do you suppose we ought to do with them?
anonymous
  • anonymous
multiply
anonymous
  • anonymous
So the answer is.....
anonymous
  • anonymous
10,800
anonymous
  • anonymous
Don't forget the dollar sign.
anonymous
  • anonymous
$10.800. :) The second part to the question was What is the ammount of the annual expenses?
anonymous
  • anonymous
I didnt mean to write a decimal I meant a comma. :)
anonymous
  • anonymous
OK, the pattern of this problem is very similar to the one we just did. What are you going to do?
anonymous
  • anonymous
not sure..
anonymous
  • anonymous
A minute ago we were concerned with the rent. Now we are concerned with the expenses. Which number in the problem is concerned with expenses?
anonymous
  • anonymous
$700
anonymous
  • anonymous
How many months of the year does he have those expenses?
anonymous
  • anonymous
12
anonymous
  • anonymous
So what do you do?
anonymous
  • anonymous
You would multiply 700 by 12.
anonymous
  • anonymous
and then you get $8,400
anonymous
  • anonymous
Good.
anonymous
  • anonymous
What is the rate of income to the nearest tenth of a percent?
anonymous
  • anonymous
@AnimalAin, such a good teacher
anonymous
  • anonymous
I agree! The best on here I've had so far. :)
anonymous
  • anonymous
Not sure about the intent of the question. Is that exactly the way it's worded?
anonymous
  • anonymous
Yes that was the third part. I says, What is his rate of income to the nearest tenth of a percent.
anonymous
  • anonymous
This is business math
anonymous
  • anonymous
The investment is $70,000. The net income (rent less expenses) is $200 a month, or $2400 a year. So the percentage would be\[\frac{2400}{70000}\approx 3.4~percent\]
anonymous
  • anonymous
Although, I'm not certain that is exactly the way your teacher or the author of the text would figure it.
anonymous
  • anonymous
Alright that really helped! Thank you! Thank you for actually taking the time to explain that to me so I can memorize the process to apply to other similar problems. :)
anonymous
  • anonymous
No sweat.

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