Answer:
The projected average monthly rent plus maintenance fee is $4,100
Step-by-step explanation:
In the question, we are told that the percentage lease terms state that rent is 2% of sales over $100,000
Since sales is $190,000 projected,
the percentage will be 2% of 190,000
= 2/100 * 190,000 = $3,800
we now proceed to add the monthly maintenance fee
That will be $3,800 + $300 = $4,100
