A business tenant has a percentage lease stating rent payment is greater of 2% of the business's total gross sales volume or a minimum base rental of $1,000.00 per month. In the past year, sales totaled $435,000. How much rent did the business pay?

The answer is $12,000. 12 months × $1,000 per month = $12,000 minimum annual base rent; $435,000 gross sales × 2% = $8,700. The tenant paid $12,000 because the minimum base rent was more than the percentage of gross sales.

Step-by-step explanation:

y=x+9

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step-by-step explanation:

answer: 2 answers

step-by-step explanation: the first one means to spread the product throughout the marketplace such that a large number of people can buy it.  

the second means the process of making a product or service available for the consumer or business user that needs it.

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