Answered

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You can get some great new space for $22 per square foot per year. You will be leasing 5,000 square feet. What will your monthly rent be?

Sagot :

The monthly rent for leasing the space is $9,166.67.

Monthly cost per square foot

In order to determine the monthly cost per square foot, the yearly cost per square foot would be divided by the number of months in a year.

Monthly cost per square foot = $22 / 12 = $1.83

Monthly rent

The monthly rent can be determined by multiplying the monthly cost per square foot by the total square foot being rented.

$1.83 x 5000 = $9,166.67

To learn more about multiplication, please check: https://brainly.com/question/3385014

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