This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Jamal Winchester invested 75,000 in a property. He expects his annual expenses of owning the ... (Read 83 times)

jayhills49

  • Hero Member
  • *****
  • Posts: 559
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?


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

2,000

Answer to Question 2

3,625


jayhills49

  • Member
  • Posts: 559
Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

bulacsom

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Annual Federal Deficit (or Surplus), 1992–2016 Annual Federal Deficit (or Surplus), 1992–2016
Change in Annual Precipitation Over Land, 1901-2010 Change in Annual Precipitation Over Land, 1901-2010
Annual Earthquake Occurrence Annual Earthquake Occurrence
Jawad makes semi-annual contributions of $2000 starting on his 27th birthday. How much will he ... Jawad makes semi-annual contributions of $2000 starting on his 27th birthday. How much will he ...
Determine the nominal annual rate of interest of the following ordinary general annuity. Determine the nominal annual rate of interest of the following ordinary general annuity.
Life Table for an Annual Plant Cohort Life Table for an Annual Plant Cohort
Video: What is Reverse Osmosis?

For a complete list of videos, visit our video library