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2. A prospective commercial tenant is contemplating signing a three year lease for office space. The building owner is offering a lease which charges net
2. A prospective commercial tenant is contemplating signing a three year lease for office space. The building owner is offering a lease which charges net monthly rent of $2000.00 in the first year, $2100.00 per month in the second year, and $2200.00 per month in the third year. Using a 10 percent discount rate, what is the monthly net effective rent (NER) over the entire three years of the lease? a. $2094.00 b. $2100.00 c. $2173.00 d. $2200.00 e, none of the above
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