Real Estate Math
A 6,000 sq ft Kentucky commercial building rents at $18 per sq ft annually. What is the annual gross rent?
A$90,000
B$100,800
C$108,000✓ Correct
D$126,000
Explanation
Annual gross rent = 6,000 sq ft × $18/sq ft = $108,000. Using the values given ($18), apply the appropriate formula.. The correct answer is $108,000.. This is a common calculation on the Kentucky real estate exam.
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