Real Estate Math
A Florida commercial lease requires 2 months' security deposit and first month's rent at signing. Monthly rent is $4,500. What is the total amount due at signing?
A$13,500✓ Correct
B$9,000
C$4,500
D$18,000
Explanation
Total due = 2 months' security deposit + 1 month's rent = (2 × $4,500) + $4,500 = $9,000 + $4,500 = $13,500.
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