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An apartment building has 240 units that pay an average rent of $2,500 per month. Calculate the annual potential gross income (PGI). $2,500 $30,000 $600,000

An apartment building has 240 units that pay an average rent of $2,500 per month. Calculate the annual potential gross income (PGI).

$2,500

$30,000

$600,000

$7,200,000

None of the above

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