Real Estate Math
An Alaska tenant signs a lease for $1,800 per month and must pay first month's rent, last month's rent, and a $1,800 security deposit at move-in. Total amount due at move-in is:
A$1,800
B$3,600
C$5,400✓ Correct
D$7,200
Explanation
Total due = First month ($1,800) + Last month ($1,800) + Security deposit ($1,800) = $5,400. Using the values given ($1,800, $1,800), apply the appropriate formula.. The correct answer is $5,400.. This is a common calculation on the Alaska real estate exam.
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