Two friends decide to rent an apartment and split the cost evenly. They each paid $575 towards the total move in cost of first and last month's rent and a security deposit. If the apartment cost $325 per month to rent, how much was the security deposit?
a.
$125
b.
$250
c.
$500
d.
$825

Total paid/person = $575 x 2 = $1150 for first rental cost, last month's rental and security deposit. We can write down this statement into an equation as follow:

1st rental + last month's rental + security deposit = 1150

[tex]\boxed {325 + 325 + security deposit = 1150 }\\\boxed {security deposit = 1150-325-325 }\\\boxed {security deposit = 1150 - 650 }\\\boxed {security deposit = 500 }[/tex]

So, the security deposit for the apartment is $500

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Keywords: security deposit, monthly rental, rent an apartment

Two friends decide to rent an apartment and split the cost evenly. They each paid $575 towards the total move in cost of first and last month's rent and a security deposit. If the apartment cost $325 per month to rent, how much was the security deposit? a. $125 b. $250 c. $500 d. $825

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Two friends decide to rent an apartment and split the cost evenly. They each paid $575 towards the total move in cost of first and last month's rent and a security deposit. If the apartment cost $325 per month to rent, how much was the security deposit?
a.
$125
b.
$250
c.
$500
d.
$825