Real Estate Math
A Section 8 (Housing Choice Voucher) tenant in Salt Lake City pays $300/month toward rent. HUD's payment standard covers $1,100/month. What is the total monthly rent for the unit?
A$1,400✓ Correct
B$800
C$1,100
D$1,300
Explanation
Total rent = Tenant portion + HUD portion = $300 + $1,100 = $1,400. Using the values given ($300, $1,100), apply the appropriate formula.. The correct answer is $1,400.. This is a common calculation on the Utah real estate exam.
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