1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Allushta [10]
3 years ago
10

Lester rents his vacation home for 6 months and lives in the home during the other 6 months of 2018. The gross rental income fro

m the home is $4,500. For the entire year, real estate taxes are $800, interest is $3,000, utilities and maintenance expenses are $2,200, and depreciation expense on the entire home would be $4,000. What is Lester's allowable net loss from renting his vacation home?
Mathematics
1 answer:
zepelin [54]3 years ago
6 0

Answer:

$ 500

Step-by-step explanation:

Data provided:

Gross rental income from the home = $ 4,500

Real estate taxes for the year = $ 800

Interest per year = $ 3,000

Utilities and maintenance expenses = $ 2,200

Depreciation expense = $ 4,000

Now, for 6 months

Real estate taxes for the year = $ 800 × 0.5 = $ 400  (0.5 as the for half a year i.e 6 months)

Interest per year = $ 3,000 × 0.5 = $ 1500

Utilities and maintenance expenses = $ 2,200 × 0.5 = $ 1,100

Depreciation expense = $ 4,000 × 0.5 = $ 2,000

Thus,

Total expenses for 6 months = $ 400 + $ 1500 + $ 1,100 + $ 2,000 = $ 5000

Therefore,

Net loss from renting his vacation home = Total expenses - Gross income

or

Net loss from renting his vacation home = $ 5000 - $ 4500 = $ 500

You might be interested in
4. What kind of triangle is made by connecting the points A(0, –6), B(3, –6), and C(3, –2)?
Firdavs [7]

Answer:

Part 4) Right triangle

Part 5) Kite

Step-by-step explanation:

Part 4) What kind of triangle is made by connecting the points A(0, –6), B(3, –6), and C(3, –2)?

Using a graphing tool    

see the attached figure N 1

The triangle of the figure is not equilateral------> The triangle does not have three equal sides

The triangle of the figure is a right triangle------>The triangle  has an angle of 90\°

The triangle of the figure is not isosceles------> The triangle does not have two equal sides

The triangle of the figure is not a right and isosceles

Part 5) What type of quadrilateral is formed by connecting the points (0, 9), (3, 6), (0, 1), and (-3, 6)?                

Using a graphing tool    

see the attached figure N 2        

The figure is not a rhombus------> All sides are not congruent  

The figure is not a trapezoid-----> has not parallel sides

The figure is a kite------> Two disjoint pairs of consecutive sides are congruent and the diagonals meet at a right angle



6 0
3 years ago
How would I be able to get the step by step prosses of this and the answer of y?
Daniel [21]

Answer:

y = 3

Step-by-step explanation:

-7 = -4y + 5

Subtract 5 from both sides to isolate variable y:

-7 - 5 = -4y + 5 - 5

-12 = -4y + 0

-12 = -4y

Divide both sides by -4 to isolate variable y:

-12 ÷ -4 = -4y ÷ -4

(Negative ÷ Negative = Positive)

3 = 1y

3 = y

Check your work:

-7 = -4(3) + 5

Use PEMDAS:

-7 = -12 + 5

-7 = -7

Correct!

6 0
2 years ago
Find the mean of 3,2,2,5,1,3,2,0,5<br>​
LekaFEV [45]

Answer:

2.56

Step-by-step explanation:

(3+2+2+5+1+3+2+0+5)/9=2.55555555556...

8 0
2 years ago
In what place is the digit 1 in the number 607.912<br> hundreds<br> tens<br> tenths<br> hundredths
e-lub [12.9K]

Answer:

tenths.........

Step-by-step explanation:

.....is the answer

6 0
3 years ago
Read 2 more answers
Solve the following equation for x, in terms of a and b. ax = 15 + bx
charle [14.2K]

Value of x will be x=\frac{15}{a-b}.

Equation given in the question → ax=15+bx

To find the value of 'x' in terms of a and b, we will simplify the given equation,

ax=15+bx

ax-bx=(15+bx)-bx

x(a-b)=15

x=\frac{15}{a-b}

           Therefore, Values to filled → Blank 1 = 15

                                                           Blank 2 = (a - b)

Learn more,

brainly.com/question/14318220

8 0
2 years ago
Other questions:
  • Help asap! find volume of sphere
    15·1 answer
  • Which operation should be performed last in this problem: 3^2 + 7 × 4? Why?
    13·2 answers
  • can you run the answers plzzz ill give extra points because of your work and helping me please this stressful plzzz help
    10·1 answer
  • Is the percent of change a percent of increase or decrease the the percent of change round to the nearest whole percent
    14·1 answer
  • What is g(x)?????????????
    12·1 answer
  • Can someone help me with this (picture)
    8·1 answer
  • Evaluate the expression when g=7 and h= 5 8h + g
    14·2 answers
  • 45+5/6=50 steps please
    13·2 answers
  • What is the messure of N and the two angles; an-16 and 6n
    10·1 answer
  • Hey can you please give me the answer to this?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!