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Mathematics, 26.09.2019 20:50 vbui8390
Wayne is planning to sell the twenty-room apartment building he bought fifteen years ago, for which he paid $759,000. the real estate market in his area has been falling since that time, and the property has decreased in value by 3.8% every year. wayne rents each of his apartments for $495 per month, and upkeep on the building costs him $26,400 annually. assuming that wayne has kept his apartment complex constantly three-quarters full, what will his net profit or loss be when he sells the building, to the nearest hundred dollars?
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Wayne is planning to sell the twenty-room apartment building he bought fifteen years ago, for which...
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