Real Estate Math
A commercial building has 10,000 rentable square feet leased at $15 per square foot per year. What is the annual gross rent?
A$100,000
B$120,000
C$150,000✓ Correct
D$180,000
Explanation
Annual gross rent = Rentable square feet × Annual rent per square foot. 10,000 × $15 = $150,000.
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