Real Estate Math
A commercial space is 2,500 square feet and rents at $18 per square foot per year. What is the annual rent?
A$36,000
B$40,000
C$45,000✓ Correct
D$50,000
Explanation
Annual rent = 2,500 sq ft × $18/sq ft = $45,000. Using the values given ($18), apply the appropriate formula..
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