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Rental costs for office space have been going up at 6.1% per year compounded annually for the past 9 years. If ofce space rent is
Rental costs for office space have been going up at 6.1% per year compounded annually for the past 9 years. If ofce space rent is now $30 per square foot per month, what were the rental rates 9 years ago? E) The rates 9 years ago were about $D per square foot. (Round to two decimal places as needed.)
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