Skylar C.

asked • 11/03/17

Revenue Word Problem

You are managing a 1600 unit apartment complex. Currently, 800 units are rented at $300/month. A market survey has indicated that for each $5 you decrease the rent you will get by 20 new leases.

a) Determine the function R(x) that models the total rental income, where x is the number of $5 decreases in monthly rent. 

1 Expert Answer

By:

Philip P. answered • 11/03/17

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