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The monthly rent on an 60-square-meter apartment in MonteCarlo, Monaco, is 1200 euros. The monthly rent on a 450-square-foot apartment in SantaFe, NewMexico, is $700.

The monthly rent on an 60-square-meter apartment in MonteCarlo, Monaco, is 1200 euros. The monthly rent on a 450-square-foot apartment in SantaFe, NewMexico, is $700. In terms of price perarea, which apartment is lessexpensive?

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The Monte Carlo apartment costs $

20

20-per-square-foot and the Santa Fe apartment costs $

1 comma 55

1,55-per-square-foot. Therefore, the apartment in Santa Fe

is less expensive.

(Round to the nearest cent asneeded.)

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