Question
Suppose you are opening a 1,000-square-foot baseball card store. Your lease calls for a flat monthly rent of $1.75 per square foot plus 5 percent of your gross annual sales. What is the total rent you will pay in one year if you have sales of $85,000?
Answers
Ms. Sue
1,000 * 1.75 = $1,750
0.05 * 85,000 = ?
Add the two products together.
0.05 * 85,000 = ?
Add the two products together.
$72,000
72,000
Related Questions
Computing in the Business World
Suppose you are opening a 1,000 square foot baseball card store...
Suppose you want to use hardwood flooring for most of a 750 square foot apartment. Labor costs are $...
A toolshed with a square base and a flat roof is to have a volume of 800 cubic feet. If the floor co...
Which function represents the scenario below?
B. Baseball Card
You purchased a valuable baseba...