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4. The base rent for retail tenant occupying 1,500 square feet is $40/sf. In addition to their base rent, the tenant pays a percentage rent

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4. The base rent for retail tenant occupying 1,500 square feet is $40/sf. In addition to their base rent, the tenant pays a percentage rent equal to 3% of their gross annual sales above their chargeable sales. If they earned S2,400,000 in gross sales in the last lease year and their chargeable sales are determined by their natural break-point, what is total amount of rent they must pay

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