This topic contains a solution. Click here to go to the answer

Author Question: Jamal Winchester invested 75,000 in a property. He expects his annual expenses of owning the ... (Read 67 times)

jayhills49

  • Hero Member
  • *****
  • Posts: 559
Jamal Winchester invested 75,000 in a property. He expects his annual expenses of owning the property to be 18,000. If Jamal wants to earn 8 annual net income on his capital investment, what monthly rent must he charge?

Question 2

Maureen bought 100, 500, 7.25 bonds. What is her annual income from the bonds?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

TheNamesImani

  • Sr. Member
  • ****
  • Posts: 334
Answer to Question 1

2,000

Answer to Question 2

3,625




jayhills49

  • Member
  • Posts: 559
Reply 2 on: Jun 24, 2018
Excellent


jackie

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

For a complete list of videos, visit our video library