Answer: $582,400
Step-by-step explanation:
Hi, to answer this question we have to write a proportion.
Proportion = square feet/ cost
Since a 1425 square feet shop cost 45600 to lease, the proportion is equal to: 1425/45600
For a 1820 square feet shop: 1820/x
Where x is the cost per year for leasing a 1820 square feet shop
1425ft/$456000= 1820ft/$x
1425/456000=1820/x
Solving for x:
x = 1820/(1425/456000)
x = $582,400
7 can go into 97 13 times w/ a remainder of 6.
7% of 350 is 24.5. So the answer is $374.5
