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anonymous

  • one year ago

HELP! I started the problem but then I don't understand what the 2 month penalty would be I'm lost please help Your parents are renting an apartment for you when you go away to college. An annual contract is $582.00/month with a 2-month penalty if you break the lease. The month-to-month contract is $615.00/month. How much is the difference in payments if you stay the whole year?

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  1. anonymous
    • one year ago
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    @superman36 can you help? do you know this

  2. anonymous
    • one year ago
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    yea i help u

  3. amistre64
    • one year ago
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    its either that if you break the lease, you have to either pay the lease up in full + 2 extra months, or you have to pay for the next 2 months regardless. thats my take on it but it doesnt seem relevant

  4. anonymous
    • one year ago
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    yeah but if the lease is broken how much do you have to pay? @amistre64

  5. amistre64
    • one year ago
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    the lease isnt broken, you stay there a year

  6. amistre64
    • one year ago
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    how much "... if you stay the whole year"

  7. anonymous
    • one year ago
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    in the next problem it gets broken

  8. anonymous
    • one year ago
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    if you break the 2 months then u would have to pay less then wht you payed befroe

  9. amistre64
    • one year ago
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    well, you did not post the 'next problem' :) as for that, i dont know lease laws

  10. anonymous
    • one year ago
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    Using the information from #15, you leave after 6 months. How much is the difference in the amount paid between the two contracts? @amistre64

  11. anonymous
    • one year ago
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    but how do you find how much you would have to pay if it is broken @superman36

  12. amistre64
    • one year ago
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    as an guess, I think the penalty means you have to pay an extra 2 months for breaking the lease.

  13. amistre64
    • one year ago
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    if you break it after 6 months, you still have to pay for the next 2 months

  14. anonymous
    • one year ago
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    yes I know that but I'm saying how do I find that number that's where I'm stuck at

  15. amistre64
    • one year ago
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    you know what a monthly payment is, and you know that you have to pay it for 2 extra months ...

  16. amistre64
    • one year ago
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    assuming my reading of it is valid .. you only have to pay for an extra 2 months

  17. amistre64
    • one year ago
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    6 months of payments, plus 2 months of payments, is how much?

  18. anonymous
    • one year ago
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    You need to either add or subtract but you might need to subtract.@lexnorris4

  19. anonymous
    • one year ago
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    I think I get it

  20. anonymous
    • one year ago
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    ight

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