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1 year ago

What type of budget is used to forecast income and expense over some period of years?

Business

1 answer:

taurus [48]1 year ago

8 0

A stabilized budget is used to forecast income and expense over some period of years.

<h3>What is A stabilized budget?</h3>

A budget that forecasts income and expenses over a short period of time, typically five years, is considered steady. a property's rent roll. can be used to calculate the potential annual rental income of a property.

After construction or a large refurbishment, the projected rental income, cost, or Net Operating Income Example: Stabilized income was predicted two years after an office building opened.

Thus, A stabilized budget is used to forecast income and expense

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Explanation:

In this question we use the PMT formula that is shown on the attachment below:

Data provided in the question

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