Real Estate Math
An Indiana commercial building has 15,000 usable square feet. The building's load factor is 15%. What is the rentable square footage?
A15,000
B17,250✓ Correct
C17,500
D18,000
Explanation
Rentable SF = Usable SF × (1 + Load Factor) = 15,000 × 1.15 = 17,250 sq ft.
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