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3 years ago

which is a monthly recurring cost associated with renting a house?. A) utility bills. B) property tax. C) insurance

Business

2 answers:

andre [41]3 years ago

4 0

Utility bills are monthly bills for the expense bills like electricity, water, and gas etc.

Property taxes are paid on the value of the property to the local government in a year or more.

Insurance expense is usually for a year or more.

Hence for a renting house, the monthly recurring cost shall be utility bills like electricity, water, and gas etc.

Hence, the correct answer is <u>A) utility bills</u>

wolverine [178]3 years ago

4 0

The amount a household or office is expected to pay for electricity, water and/or gas each month. Utility bills varyaccording to one's <span>usage.
</span>utility bills are monthly recurring cost associated with renting a house

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When the activity level increases by 15%, net operating income in the flexible budget will ordinarily increase by -more than 15% b/c fixed costs do not increase with changes in activity.

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Net Operating Income, or NOI for short, exists a formula those in real estate use to quickly calculate the profitability of a particular investment. After deducting essential operational costs, NOI calculates the revenue and profitability of investment real estate property.

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2 years ago

An investor wants to purchase an annuity that will pay her £80,000 per year for the next 10 years. If the constant, annual effec

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Answer:

£718,607

Explanation:

Annuities are investment opportunities that require an initial settlement and gives a series of returns of a fixed amount for a specific number of periods.

In simple terms, the question requires us to calculate the amount to be paid today (Present Value) of an annuity that pays £80,000 per year for the next 10 years.

To establish the [Present Value of the Annuity, the future Cash Flows must be discounted to the Present Value using the appropriate discount rate. In our case, we will use the annual effective interest rate of 2%.

Present Value = PMT × [ 1 - 1/(1+r)^n ÷ r ]

Where,

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3 years ago

_____ is defined as a strategy in which a firm engages in several different businesses that may or may not be related in order t

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3 years ago

LaQuesha Jackson has made a considerable fortune. She wishes to start a perpetual scholarship for engi- neering students at her

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3 years ago

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<u>The party may be entitled to a </u><u>partial recovery</u><u> under the </u><u>contract.</u>

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