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?

3 answers

1,000 * 1.75 = $1,750

0.05 * 85,000 = ?

Add the two products together.
$72,000
72,000
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