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shtirl [24]
3 years ago
11

He average price of a home in a neighborhood of mostly leased properties is $259,000. The average monthly rent is $2,500. One ho

me in the neighborhood is leased for $2,800. Using a GRM, what is the value of that home?
Mathematics
1 answer:
Nat2105 [25]3 years ago
8 0

Answer:

$290,080

Step-by-step explanation:

Given:

Average price = 259,000

Average monthly rent = 2500

Monthly rent of home = $2800

Gross Rent Multiplier = price per monthly rent

GRM = Price / monthly rent

The GRM = 259000 ÷ 2500

= $103.60

The price = GRM * Monthly rent

Price = $103.60 * $2800

Price = $290,080

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Clara Schumann is buying bagels for her coworkers, She buys a dozen bagels priced at $5.49 a dozen. The bakery's cost for making
Tcecarenko [31]

Answer:

The markup rate is 144% .

Step-by-step explanation:

Formula

Mark\ up\ percentage = \frac{(Selling\ price-Cost\ price)\times 100}{Cost\ price}

As given

Clara Schumann is buying bagels for her coworkers, She buys a dozen bagels priced at $5.49 a dozen.

i.e

Selling price of a dozen bagels is $5.49 .

The bakery's cost for making the bagels is $2.25 per dozen.

i.e

Cost price of a dozen bagels is $2.25 .

Putting all the values in the formula

Mark\ up\ percentage = \frac{(5.49-2.25)\times 100}{2.25}

Mark\ up\ percentage = \frac{3.24\times 100}{2.25}

Mark\ up\ percentage = \frac{32400\times 100}{225\times 100}

Mark\ up\ percentage = \frac{32400}{225}

Markup percentage = 144 %

Therefore the markup percentage is 144% .


4 0
3 years ago
Read 2 more answers
Based on the question
nlexa [21]

From the given table, we have that the lateral limits of f(x) as x -> 3 are different, hence the limit of f(x) does not exist at x = 3.

<h3>What is a limit?</h3>

A limit is given by the value of function f(x) as x tends to a value. For the limit to exist, the lateral limits have to be the same, as follows:

\lim_{x \rightarrow a^-} f(x) = \lim_{x \rightarrow a^+} f(x)

In this problem, we have that:

  • To the left of x = 3, that is, for values that are less than x = 3, f(x) - > -3.
  • To the right of x = 3, that is, for values that are greater than x = 3, f(x) -> 4.

Hence the lateral limits are given as follows:

  • \lim_{x \rightarrow 3^-} f(x) = -3
  • \lim_{x \rightarrow 3^+} f(x) = 4

Since the lateral limits are different, the limit does not exist.

More can be learned about lateral limits at brainly.com/question/26270080

#SPJ1

8 0
2 years ago
Directions: Solve these equations by using addition. You will need to use your fraction and decimal skills to solve these equati
djyliett [7]

Answer:

6 and 1/3

Step-by-step explanation:

8 minus 1 is 7 and 7 minus 2/3 is 6 1/3. Therefore the number you started with is 6 and 1/3. Hope this helps :)

3 0
3 years ago
What is 20/10 in a mixed number
quester [9]
20/10 in mixed number form would be 2.
Hope that helped! =)
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4 years ago
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This is worth 20 points
Ann [662]
45 minutes because it has 4 dots and that’s greater than the rest on the dot plot.
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