Real Estate Math
A Colorado tenant signs a 12-month lease at $1,800/month. The lease requires a security deposit equal to 2 months' rent. The tenant pays first month, last month, and security deposit upfront. What is the total amount paid at move-in?
A$3,600
B$5,400
C$7,200✓ Correct
D$9,000
Explanation
First month = $1,800 + Last month = $1,800 + Security deposit (2 months) = $3,600. Total = $1,800 + $1,800 + $3,600 = $7,200.
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