Rental Cost reduction

Hi Mavis,

Thanks for solving my case.

10K and 20K refer to the monthly savings in the first 6 months and in the second 6 months respectively.

Indeed:

• Current Monthly Rent = 72k (from Exhibit 4)

• New Monthly Rent in month 0-6 = 62k (from Exhibit 5)
• New Monthly Rent in month 6-12 = 52k (from Exhibit 5)

Thus the difference is 10K in the first 6 months and 20k in the second 6 months, for each month.

As a consequence:

• Savings in months 0-6 = 10K*6
• Savings in months 6-12 = 20K*6

I will update the case solution to make it more clear and I will add the K symbol in the first part of the equation, as I noticed it is now missing.

Thanks again for your question, please feel free to message me if you have additional ones.

Best,

Francesco