Answer:
0.5 cents per pound.
4.50/9 = 0.5
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First year- 62,000
Second year- 7% increased in rent= 66,340
Third year- 7% increased in rent (66,340)= 70,984
Fourth year- 7% increased in rent (70,984)= 75,953
Fifth year- 7% increased in rent (75,953)= 81,270.
Total 5 years lease- 356,547.
The answer to the question
Answer:
D
Step-by-step explanation: