Real Estate Math
A Washington commercial tenant has a 5-year lease at $4,200/month for the first 2 years, then $4,600/month for years 3–5. What is the total rent over the full lease term?
A$241,200
B$259,200
C$266,400✓ Correct
D$276,000
Explanation
Years 1–2: $4,200 × 24 months = $100,800. Years 3–5: $4,600 × 36 months = $165,600.
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