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Question
A building owner charges net rent of $20 in the first year, $21 in the second year, and $22 in the third year, but is providing six months of free rent in the first year as a concession. Using a 10 percent discount rate, what is the effective rent over the three years?
A) $17.28
B) $18.94
C) $20.94
D) $42.98
Answer
This answer is hidden. It contains 19 characters.
Related questions
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Q:
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$
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$
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