Real Estate Math
A Washington commercial tenant pays $20/SF/year base rent on 2,800 SF, plus 40% of $50,000 in CAM charges. What is the annual rent and CAM combined?
A$56,000
B$76,000✓ Correct
C$80,000
D$98,000
Explanation
Base rent = 2,800 × $20 = $56,000. CAM = $50,000 × 40% = $20,000. Total = $56,000 + $20,000 = $76,000.
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