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Author Question: Jamal Winchester invested 75,000 in a property. He expects his annual expenses of owning the ... (Read 66 times)

jayhills49

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on: Jun 24, 2018
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?


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TheNamesImani

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Reply #1 on: Jun 24, 2018
Answer to Question 1

2,000

Answer to Question 2

3,625


jayhills49

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Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

nyrave

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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