You have the opportunity to lease space for your business with a fixed-rate lease. The property owner has proposed a five-year lease with a rent of $4,000 per month. How much is the rent per year? How much is the rent over the life of the lease?

By: USER7334
26 Agustus 2025 mathematics 5 minutes
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Grade: Education Subject: mathematics
 You have the opportunity to lease space for your business with a fixed-rate lease. The property owner has proposed a five-year lease with a rent of $4,000 per month. How much is the rent per year? How much is the rent over the life of the lease?
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$48,000/year, $240,000 total
Answered on 26 Agustus 2025

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