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plans to seil the property in a year and wants rent at that time to be high so that the property will appear more valuable.
plans to seil the property in a year and wants rent at that time to be high so that the property will appear more valuable. Thereforf, the itare thas been oflered a "great ceal" (owner's words) on a thew-5-year lease. The onwi lease calls far no fent for 9 montho, then parments of 5.600 per moosh for the neat 31 menths. The least cannot be brokon, and the stere's Wace is 12% (or 1% per macth). a. Should the new iease be accepted? (Hint Be sure to use 17 per monthu) tepresent the fent during months so to ea. Do. not mound intermediofn calculatisna, Alownd your atsmer to the nearust cent. is. two decimal piaces
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