Question
PLEASE ANSWER: Assuming you are in charge of the finances at a corporation, the interest rate is 9% and the lease rate is $19 dollars
PLEASE ANSWER:
Assuming you are in charge of the finances at a corporation, the interest rate is 9% and the lease rate is $19 dollars a square foot a year. Show the full calculations for the following: 1.0 Expenses are $4 in the 1st year, they increase by $1 a year, using the first 5 years, calculate the effective net rent. 1.1 If the rent price is raised by $3/square foot every year after, the expenses are $4 in year 1, rising by $1/year thereafter, calculate the effective net rent for the first 5 years. 1.2 Say rent is raised by $2/square foot every year after, expenses are $4 in year 1, increasing by $1/year. Calculate the effective net rent for the first 5 years if the expense stop is $7. 1.3 What if the expense stop is $8?
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