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A tenant leases 2 , 0 0 0 Square feet. They have an annual minimum rent of $ 2 0 PSF . They have a

A tenant leases 2,000 Square feet. They have an annual minimum rent of $20 PSF. They have a natural breakpoint of provision of 10% of gross sales. Their annual gross sales is $250 PSF. What is their total rent obligation?
$25
$22.20
$16
$22.50
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