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3 years ago

Although many factors affect the value of real property, what is the primary driver in determining the value of real property?

Business

1 answer:

garri49 [273]3 years ago

5 0

Answer:

Supply and Demand

Explanation:

Although there are many factors which are given below:

1. Location of the real property

2. Supply and demand

3. The rate of interest

4. Population size

5. Market trends of property, etc

But the primary driver is supply and demand because if the demand of the property rise than the supply, the price of real property is rising whereas if the supply of the property is rise than the demand, the price of real property is declining

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hoa [83]

Answer: 18.92%

Explanation:

The formula to find the compound amount :-

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Taking natural log on both sides , we get

$\Rightarrow\ 8\ln(1+r)=\ln(4)\\\\\Rightarrow\ \log(1+r)=\dfrac{\log4}{8}=\dfrac{1.38629436112}{8}=0.17328679514\\\\\Rightrarrow\ 1+r=e^{0.17328679514}\\\\\Rightarrow\ 1+r=1.189207115\\\\\Rightarrow\ r=1.189207115-1=0.189207115\\\\\Rightarrow\ r\approx0.1892\approx18.92\%$

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3 years ago

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mariarad [96]

The above is an example of directing

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3 years ago

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Norma-Jean [14]

Answer:

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Answer:

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