The monthly rent for leasing the space is $9,166.67.
In order to determine the monthly cost per square foot, the yearly cost per square foot would be divided by the number of months in a year.
Monthly cost per square foot = $22 / 12 = $1.83
The monthly rent can be determined by multiplying the monthly cost per square foot by the total square foot being rented.
$1.83 x 5000 = $9,166.67
To learn more about multiplication, please check: https://brainly.com/question/3385014
