[Answered] Jamal Winchester invested 75,000 in a property. He expects his annual expenses of owning the ...

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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?

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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

TYSM

Member
Posts:

Reply 3 on: Yesterday

Great answer, keep it coming

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