Question

Three years of storage space cost $3,500, including a one-time moving fee of $125. What is the yearly cost?

Answer 1

`$1,125` per year

Explanation:

Storage cost (for 3 years) excluding one-time moving fee:
`color(white)("XXX")$3500-$125=$3375`

Yearly cost: `($3375) / (3" years") = ($1125)/"year"`