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Show in Excel Given the following information, calculate the effective rent (annual rent based on monthly payments at the end of each month). Lease Term:
Show in Excel Given the following information, calculate the effective rent (annual rent based on monthly payments at the end of each month). Lease Term: 10 years, Concession: 6 months free rent included in the term of the lease, Rental Space: 8,100 square feet, Rental Rate: $20 per square foot per year, Landlord's discount rate: 8.5%. A. $12,609 B. $12,825 C. $12,520 D. $12,432
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