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An apartment building has 12 dueling units that each rent for 1,200$ per month. In the past year the building had a 100% aqupance for

  1. An apartment building has 12 dueling units that each rent for 1,200$ per month. In the past year the building had a 100% aqupance for 5 month but for 3 month 4 dwelling units were vacant and during 4 months 3 units were vacant. What was the annual percentage rate?

  1. 5%

  2. 6%

  3. 16.67%

  4. 20%

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