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QUESTION 9 A retail tenant in the Paramus Park Mall pays $45/sf plus overage to rent 1500 sf of space. If they earn $3,000,000 in

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QUESTION 9 A retail tenant in the Paramus Park Mall pays $45/sf plus overage to rent 1500 sf of space. If they earn $3,000,000 in total sales for the year and pay a percentage rent equal to 3% of chargeable sales as determined by their natural break point, what is the total amount of rent paid

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