Based on the expenses involved in running the property, and the rental amount, the return on the investment would be 31.1%.
<h3>What is the return on investment?</h3>
First find the amount earned per year:
= 850 x 12
= $10,200
The yearly expenses would be:
= (390 x 12) + (60 x 12) + (340 x 2) + 500 + (100 x 12)
= 4,680 + 720 + 680 + 500 + 1,200
= $7,780
The annual ROI is:
= (10,200 - 7,780) / 10,200 x 100%
= 31.1%
Find out more on Return on Investment at brainly.com/question/11913993.
#SPJ1
Answer:
0=−13/6
Step-by-step explanation:
Answer:
Step-by-step explanation:
3
Your answer is 739,940,6000
