Mathematics, 01.11.2019 05:31 kadence428
Say that you purchase an apartment complex for $655,000. the property value increases by 2.6% every year. the complex has five units, which you rent out for $490 per month. upkeep on the building costs you $13,800 per year. assuming that you are able to keep all of the units rented out constantly, after eight years, will you have gained more money from appreciation of the property or from renting out the apartments, and how much more money will you have gained from that source than from the other, to the nearest hundred dollars?
a.
you will gain $19,500 more from the rent than from the appreciation.
b.
you will gain $16,900 more from the rent than from the appreciation.
c.
you will gain $24,500 more from the appreciation than from the rent.
d.
you will gain $10,700 more from the appreciation than from the rent.
the answer is c
Answers: 1
Mathematics, 21.06.2019 20:30
What is the difference between the equations of a vertical and a horizontal line?
Answers: 2
Mathematics, 21.06.2019 22:10
Which property was used to simplify the expression? 3c+9 +4c=3c+4c+9
Answers: 3
Mathematics, 22.06.2019 00:00
Charlie is at an amusement park that has 18 different rides. each ride costs $1.75. the function c(r) = 1.75r represents the total amount of money that charlie will spend if he goes on r rides, but he never goes on the same one more than once. what domain and range are reasonable for the function?
Answers: 3
Say that you purchase an apartment complex for $655,000. the property value increases by 2.6% every...
Mathematics, 06.05.2021 19:30
History, 06.05.2021 19:30
Mathematics, 06.05.2021 19:30
Computers and Technology, 06.05.2021 19:30
Mathematics, 06.05.2021 19:30