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Facilities Manager

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AVG. SALARY

$105,630

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EDUCATION

Bachelor's degree or higher +

Real-Life Activities

Real-Life Math

You're a facility manager for a community college. Your college is growing rapidly and you're going to need more space in the years to come.

You need more classroom space now, so you've been looking into leasing space at another location near the college. The office building you want to lease will cost $2,700 per month with an annual increase of 2.5 percent, compounding after the 1st year.

The president of the university wants to know how much this will cost over a period of 3 years. What's your answer?