Mathematics, 27.04.2021 05:10, sherlyngaspar1p9t3ly

John wants to rent some office space for 8 years. The lease states that the annual rent is $62,000 for the first year and will increase by 4% each additional year of the lease. What will the total rent be for the entire 8-year lease? Round your answer to the nearest hundredth. Group of answer choices
$496,000.00
$84,851.28
$571,282.03
$515,840.00

Answers: 2

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