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Given the following information, calculate the effective monthly rent payment: lease term: 8 years, concession: one year free rent to be spread over the term

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Given the following information, calculate the effective monthly rent payment: lease term: 8 years, concession: one year free rent to be spread over the term of the lease; rental space: 4000 square feet rental rate: $15 per square foot per year, landlord's discount rate: 10%. @ $4,136 O $5,901 $7,081 $10,122

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