Real Estate Math
A Massachusetts commercial space is 4,200 square feet. The annual rent is $52,500. What is the monthly rent per square foot?
A$1.04✓ Correct
B$12.50
C$1.25
D$0.87
Explanation
Annual rent per SF = $52,500 ÷ 4,200 = $12.50/SF/year.
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