Suppose a Lease Has a 75% CPI-Adjustment Each Year

question 13

Multiple Choice

Suppose a lease has a 75% CPI-Adjustment each year. If last year's rent was $20/SF and the CPI has increased from 155 to 161, what is the new rent this year?

• A) $20.50
• B) $20.58
• C) $20.77
• D) $21.00
• E) $21.20

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Definitions:

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