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An apartment complex can rent all200of its one-bedroom apartments at a monthly rate of$400. For each$20increase in rent,4additional apartments are left unoccupied. At what monthly
An apartment complex can rent all200of its one-bedroom apartments at a monthly rate of$400. For each$20increase in rent,4additional apartments are left unoccupied.
At what monthly rate should each apartment be rented in order to maximize the total rent collected? $ What is the maximum total rent that may be collected for the one-bedroom apartments? $
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