How ever many times it goes into 100
The amount to be paid in rent after 2 years if the rent as of now is $3,000 will be; $3,213.675
The question allows that we choose the amount being paid as rent as of now.
Let the rent paid as of now be; $3,000
In essence; after the first year; the amount increases by 3.5% to become;
After the second year; we have;
Ultimately; the amount to be paid after 2 years will be; $3,213.675.
When given the opportunity to change rent contracts;
- A situation that will be beneficial would be a 3.5% reduction in rent per year
- A situation that will not be beneficial would be a 7% increase in rent per year.
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B 3.75 it is simple it is easy
The company lost 4,300 dollars because the sold if for 7,300
<em>your anser would be 19 </em>
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<em>let me now if u have a questions have a nice day </em>
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<em>and Thanks :)</em>
