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What is the effective annual rent if the lessor offers a rent-free period of 1 year at the beginning of the lease and the

What is the effective annual rent if the lessor offers a rent-free period of 1 year at the beginning of the lease and the face annual rent is $10,000 per annum for a 6 year term at an interest rate of 4.71% pa effective? Round your answer to whole dollars.

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