David and Mira Campbell pay $1,050 for monthly rent. Mira lost her job and the couple needs a less expensive apartment. They rented a new apartment for $675 per month.If the cost of moving was $245, find their savings the first year if they move to a new apartment.$3,865$4,050$4,945$4,255None of these choices are correct.



Answer :

Ok, so:

We know that David and Mira pay $1,050 for monthly rent.

So, we want to find how much money do they pay for a year.

For this:

$1,050 * 12months = $12,600. Right?

Now, They rented a new apartment for $675 per month and the cost of moving was $245.

So, they will pay:

$675 * 12months + $245 = $8,345.

Therefore, their savings are:

$12,600 - $8,345 which is $4,255