A Massachusetts tenant receives a security deposit of $2,400 and pays first and last month's rent of $1,200 each. What is the total amount paid to move in?

Explanation

Move-in costs = security deposit ($2,400) + first month ($1,200) + last month ($1,200) = $4,800. Note: Massachusetts limits security deposit to 1 month's rent ($1,200 in this case), so a $2,400 deposit would violate state law. The question states $2,400 as a given for calculation purposes.