Question

The rent for an apartment was $11,400 per year in 2012. If the rent increased at a rate of 4% each year thereafter, use an exponential equation to find the rent of the apartment in 2019.​

Answer 1

Answer:

if the 4% continues to be 4% of 11,400 and not the new number, the answer is:  14592.

Step-by-step explanation: