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TB MC Qu. 09-21 A building owner charges net rent... A bulding owner charges net rent of $20 in the first year, $21 in the

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TB MC Qu. 09-21 A building owner charges net rent... A bulding owner charges net rent of $20 in the first year, $21 in the second year, and $22 in the third year, but is providing six months of free rent in the first yeat as a concession. Using a 10 percent discount rate, what is the effective rent over the three years

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