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You have the opportunity to lease space for your business with a fixed-rate lease. The property owner has proposed a five-year lease with a rent of $4,000 per month. How much is…

You have the opportunity to lease space for your business with a fixed-rate lease. The property owner has proposed a five-year lease with a rent of $4,000 per month. How much is…
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4 votes
You have the opportunity to lease space for your business with a fixed-rate lease. The property owner has proposed a five-year lease with a rent of $4,000 per month. How much is the rent per year? How much is the rent over the life of the lease?

asked
User Kszyrver
by
8.1k points

1 Answer

5 votes
$48,000/year, $240,000 total
answered
User Aquiles Carattino
by
8.2k points
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