princess28391 princess28391

19-01-2024
Business

contestada

A retail property valued at $710,000 earns $4,650 per month. What is the annual percent of return?
a) 6.25%
b) 7.50%
c) 8.75%
d) 10.00%

Respuesta :

gengotshot gengotshot

19-01-2024

b. 7.50 %

Annual return is 12*$4650 = $55,800.

The rate of return is the ratio of the return to the amount invested.

$55,800/$710,000 * 100% = 7.859%
≈ 7.9%

Answer Link

Otras preguntas

Alfred had hematuria (red blood cells in the urine). why might this indicate kidney disease?

Quinn, a cancer patient, experienced nausea and hair loss a few days after treatment at the hospital. this is likely due to:______.

Data analytics, llc, is a limited liability company. unless the articles of organization specify otherwise, it will most likely be assumed that the firm is:____

If you perform a medical duty without obtaining a patient's consent, you have just committed?

How has the concept of mainstream popular music and its margins changed since the early twentieth century?

Ccording to fiedler's contingency theory, the term _________ refers to the degree to which leaders are able to hire, fire, reward, and punish workers.

Calculate the molality, molarity, and mol fraction of 3 in ordinary household ammonia, which is an 8.00y mass aqueous solution. (d=1.280 g/ml)

Describe the steps a nurse should take when preparing to administer a blood transfusion.

Helen and Stephen both simplify the exponential expression 4 ln21 3 e −

Similar to what you find in a car, a business _____ provides rapid access to information, in an easy-to-interpret and concise manner, which helps organizations