Answer:
previous balance
Step-by-step explanation:
Answer:
3. $600,000
Step-by-step explanation:
We have been given that a tenant rented a store to use as a real estate school at a base rent of $1,500 a month. Additionally, the tenant agreed to pay 3% of gross annual sales over $200,000.
Let us find base annual rent.
Let us find the amount of rent paid as 3% of gross annual sales.
Let us find amount of sales over $200,000 by dividing $12000 by 3% or 0.03.
Total sales would be $400,000 plus $200,000.
Therefore, the total sales for that year was $600,000 and 3rd option is the correct choice.
The rules for multiplying powers with the same base is you are basically doing the pemdas method Please Excuse My Dear Aunt Sally pemdas