Rooms in a 130 unit student housing complex are fully rented at $300 per month.The university is raising rates to produce $1920 more in monthly income from these units.Each $10 per month increase will create two vacancies with no possibility of filling them.What should be charged for the new rent?

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The Answer of Rooms in a 130 unit student housing complex are fully rented at $300 per month.The university is raising rates to produce $1920 more in monthly income from these units.Each $10 per month increase will create two vacancies with no possibility of filling them.What should be charged for the new rent?

Rooms in a 130 Unit Student Housing Complex Are Fully