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Carter Ayala
11/30/2023 · Middle School

2. A developer is planning a building that will contain 103,000 square feet. Construction costs are estimated to te \( \$ 62.00 \) per square foot. Ninety-five percent financing is available for the structure. How much money must the developer put up to complete the project? a. \( \$ 638,600 \) b. \( \$ 5,747,400 \) c. \( \$ 6,066,700 \) d. \( \$ 319,300 \)

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The developer must put up \( \$319,300 \) to complete the project.

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