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nignag [31]
3 years ago
10

1. You have been asked to appraise the market value of a three-bedroom house with two bathrooms that is going to be sold tomorro

w. You found a comparison property that sold for $275,000 four weeks ago. It has three bedrooms and three bathrooms. You estimate that values have been decreasing at a rate of $2,000 per week since the comparison property transacted. Each bedroom is worth $30,000 and a bathroom is worth $15,000 in the respective market. What is the adjusted price for the subject property?
Business
1 answer:
Elan Coil [88]3 years ago
8 0

Answer:

Current price of house = $222,000

Explanation:

given data

property that sold = $275,000

values decreasing at rate = $2,000 per week

Each bedroom = $30,000

a bathroom  = $15,000

solution

we get here Price of 3 bedroom & 3 bathroom house (4 weeks ago) is

Price of 3 bedroom & 3 bathroom house (4 weeks ago) = $275,000 - $30,000 - $15,000

Price of 3 bedroom & 3 bathroom house (4 weeks ago)  = $230000

and

reduction in price at $2000 per week for 4 weeks= 4 × 2000

reduction in price at $2000 per week for 4 weeks = ($8,000)

so

Current price of house = $230000 - $8,000

Current price of house = $222,000

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task performance and group maintenance.

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6 0
3 years ago
A firm whose production process exhibits constant returns to scale would find that if it doubled all of its inputs, its output w
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7 0
3 years ago
Farmer Brian has 3 acres of land which he farms efficiently. Each acre can support 10 apple trees. However the 3 acres differ in
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Answer:the opportunity cost of growing another apple tree is 2 orange trees

Explanation:

Opportunity cost represents the  value of cost  what must be given up toin order to obtain the best alternative.

Here Farmer Brain has 3 acres of land that can support 10 apple threes on each acre, and 30 orange tree on best acre, 20 on good acre and 10 oranges on bad acre.

that means he can grows 30 apples  on the 3 acres and 60 oranges at  on the 3 acres. giving us

the opportunity cost of growing an orange tree is

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1 orange tree = 30/60

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Which of the following activities would be most likely to be accomplished using sampling?a. Sorting a file to identify the large
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A company had a beginning balance in retained earnings of $430,000. It had net income of $60,000 and paid out cash dividends of
snow_lady [41]

Answer:

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3 years ago
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