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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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