53
QuizMultiple Choice

Topic Test

Question 53 • ****Spring 2026 Financial Math - MA2007 MQS21QXV

In order to move in to a rental house, Sky and Max must pay a deposit of $1,500. At the end of one year, Sky and Max have spent a total of $11,280 on their rental costs. How much did they pay for their monthly rent payment?

Answer
A
$750
B
$815
C
$940
D
$1,065

Explanation

Subtract the $1,500 deposit from the total cost: $11,280 − $1,500 = $9,780 in rent. Divide the rent total by 12 months: $9,780 ÷ 12 = $815 per month. The correct choice is $815.

AI-written and checked against the verified answer.

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