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Facilities Manager

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AVG. SALARY

$94,630

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EDUCATION

Bachelor's degree or higher +

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JOB OUTLOOK

Stable

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?

Contact

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  • 1-800-GO-TO-XAP (1-800-468-6927)
    From outside the U.S., please call +1 (424) 750-3900

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OCAP believes that financial literacy and understanding the financial aid process are critical aspects of college planning and student success. OCAP staff who work with students, parents, educators and community partners in the areas of personal finance education, state and federal financial aid, and student loan management do not provide financial, investment, legal, and/or tax advice. This website and all information provided is for general educational purposes only, and is not intended to be construed as financial, investment, legal, and/or tax advice.