Crystal Is Looking for a New Apartment A) $1,270
B) $12,000
C) $12,250
D) $12,270
E) $162,270

Crystal is looking for a new apartment. What are her total annual costs associated with renting? $\begin{array}{c}\begin{array}{l}\text{* Annual rent payments}\\\text{* Annual renter's insurance}\\\text{* Annual interest lost on security deposit}\\\text{* Value of apartment}\\\end{array}\begin{array}{r}\$ 1,000 \\\$ 250 \\\$ 20 \\\$ 150,000\\\end{array}\end{array}$

A) $1,270
B) $12,000
C) $12,250
D) $12,270
E) $162,270

Correct Answer:

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