<span>You must get p by itself, so first subtract B from both sides: SA-B=1/2lp. Then multiply both sides by 2, which cancels out the 1/2: 2SA=lp. Then divide both sides by l: (2SA)/l=p.</span>
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.