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Enrique has located the perfect spot for his restaurant. It is 3,000 square feet in the local mall, and the mall managers have given him
Enrique has located the perfect spot for his restaurant. It is 3,000 square feet in the local mall, and the mall managers have given him the following monthly lease options:
Option 1: Pay a flat fee of $2.00 per square foot per month.
Option 2: Pay a flat fee of $3,000 per month plus 5 percent of food sales.
Enrique estimates that his sales for the coming year will be as shown below. Calculate the monthly lease amount for both options.
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