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The Rent per Sq. Ft. in a Shopping Mall is quoted as follows: Yr Rent/Sq. Ft 1 $ 15.00 2 $ 17.00 3 $ 20.00
The Rent per Sq. Ft. in a Shopping Mall is quoted as follows:
Yr | Rent/Sq. Ft |
1 | $ 15.00 |
2 | $ 17.00 |
3 | $ 20.00 |
4 | $ 22.00 |
5 | $ 25.00 |
The Difference between Avg.and Effective Rent per Sq. Ft., using a Discount Rate of 10% is:
a. | $ 0.22 | |
b. | $ 1.23 | |
c. | $0.73 | |
d. | $ 0.47 |
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