Rosalyn is planning to sell her apartment complex. Ten years ago, she bought the eight-room complex for $420,000.
The building has gained 2.2% in value every year since she bought it. She charges a monthly rent of $720 for each
room, and pays $22,900 per year in upkeep costs. If Rosalyn has kept all of the rooms occupied continuously since
she bought it, to the nearest hundred dollars, how much profit will she have made in total when she sells it?
a.$770,400
b. $554,600
C. $564,300
d. $492,300

Answers

Answer 1

Answer:

It would be $ 564,300 so C

Step-by-step explanation:

just took the test

Answer 2

She made 564300 dollars in total when she sells the apartment.

What is an equation?

An equation consists of terms and variables on both sides of the equality sign and they are equal.

Given Rosalyn is planning to sell her apartment complex.

She bought this apartment 10 years for 420000 dollars and every year the apartment gains 2.2% in value.

∴ After 10 years the value of the apartment is,

A = P( 1 + r/100)ⁿ.      where n is time in years.

A = 420000( 1 + 2.2/100)¹⁰.

A = 420000( 1.022)¹⁰.

A = 420000×1.243 dollars.

A = 522105.48 dollars.

She charges a monthly rent of 720 dollars for each room and has 8 rooms in it.

∴ Monthly earnings from the apartment are (720×8) = 5760 dollars.

And we know 10 years is 120 months.

∴ In 10 years her earnings from rent are

= 5760×120 dollars.

= 691200 dollars.

The upkeep cost is 22900 dollars per year therefore it is 229000 dollars for 10 years.

∴ The profit she will have selling her apartment is (522105.48 - 420000 + 691200 - 229000) dollars.

= 564305.48 dollars.

= 564300 dollars.

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Related Questions

A 3-column table with 3 rows. Column 1 is labeled Seller with entries wholesaler, Distributor, Retail Store. Column 2 is labeled markup with entries 0 percent, 100 percent, 80 percent. Column 3 is labeled Selling Price with entries 80 cents, A, B. A distributor buys packs of trading cards from a wholesaler for $0.80 each. The distributor marks up the cards by 100% before selling them to stores. How much does the distributor sell each pack of cards for? The stores then mark up the cards another 80% before selling them to customers. How much does the retailer sell a pack of cards for? A = B =

Answers

Answer:

Step-by-step explanation:

Answer:

$1.60

$2.88

Step-by-step explanation:

To find the selling price of the distributor and the retailer, we first need to find how much the distributor sells each pack of cards.

To find the selling price we use the formula.

Selling Price = Cost + Markup

Cost = $0.80

Markup rate = 100% or 1

Selling Price = 0.80 + (0.80*1)

Selling Price = $1.60

So the distributor sells each pack of cards at $1.60 to the retailer.

Now to find the selling of the retailer, we need to use the selling price of the distributor.

Cost = $1.60

Markup rate = 80% or 0.80

Selling price =  1.60 + (1.60 * 0.80)

Selling price = $2.88

So the retailer sells each pack of cards at $2.88 to the customers.

Answer:

A = $1.60

B = $2.88

Step-by-step explanation:

I did the work on brainly and got it right

Hope this helps :D

A 100-square grid has 70 shaded squares. Explain how you could express this model as a fraction, percent, and decimal

Answers

Answer:

the answer would be 70/100 in fraction form, 70% in percent, and (i believe) 0.7 min decimal form. Hope this helps!

Answer:

70 out of 100 is the ratio  70 Over 100 apostrophe  , so it represents 70%.  70 Over 100  can be reduced by dividing the numerator and the denominator by 10 to get the reduced fraction 7 Over 10. Dividing 7 by 10 results in the decimal equivalent 0.70.

Step-by-step explanation:

Tatiana earns money by babysitting her little cousin. When she babysits for 2 hours she earns $27. When she babysits for 7 hours she earns $94.50. Which equation represents her total wages based on the hours that she works?

Answers

Answer:

36$

Step-by-step explanation:

I took the test

Given the expression 1/4 - 3/5, select the addition problem that is equivalent to it.

Answers

Given that,

An expression [tex]\dfrac{1}{4}-\dfrac{3}{5}[/tex]

To find,

The value of above expression.

Solution,

We have,

[tex]\dfrac{1}{4}-\dfrac{3}{5}[/tex]

The LCM of 4 and 5 is 20.

[tex]\dfrac{1}{4}-\dfrac{3}{5}=\dfrac{(5)-4(3)}{20}\\\\=\dfrac{5-12}{20}\\\\=\dfrac{-7}{20}[/tex]

So, the required answer is [tex]\dfrac{-7}{20}[/tex].

4 quarts of organic grapes cost $20 what is the cost per quart

Answers

5$, since if you 5 x 4 = 20


Which function is represented by the graph

Answers

Answer: y = -2|x| + 1

Step-by-step explanation: it is an absolute value function, y = |x|, moved up one. then we see that it has been flipped. it has also been vertically stretched by a factor of 2.

There are 16 girls and 18 boys in a class. The teacher chooses a student's name at random to answer a question.
What is the probability that the teacher chooses a girl to answer the question?
А: 1/34
B:1/16
C:8/17
D: 8/9

Answers

Answer:

I would go with c

Step-by-step explanation:

if it is incorrect sorry

I would A because if you do 16+18 that is 34 and the teacher would only be choosing one girl. So I think it is A. I’m sorry if this is wrong! Have a great day!

If the ribbon cost 10¢ (0.10) per foot, ​what is the total cost of the ribbon in Dollars​? Explain your reasoning.

Answers

Answer:

How many feet are you going to buy that is the real question.

Step-by-step explanation:

It depends on how many feet you buy.

Triangle ABC is similar to triangle ADE. Find x, the distance from point B to point C.

Answers

Answer:

30 feet^2

Step-by-step explanation:

eeeeet eeeees what eeeeet eeeees


A and B are equidistant from the line l. How many circles can be drawn with their centres on line l and that pass through both A and B?

A. 1
B. 2
C. 3
D. 4
E. >10​

Answers

Answer:

just one.. so A

Step-by-step explanation:

help please!!! PLEASE HELP!

Answers

9514 1404 393

Answer:

  x = 8

Step-by-step explanation:

Corresponding segments are proportional.

  2x/12 = (x+4)/9

  18x = 12(x +4) . . . . . multiply by 9·12

  6x = 48 . . . . . . . . . . subtract 12x

  x = 8  . . . . . . . . . . . . divide by 6

Figure ABCD is a rectangle. Find the value of x. 9x - 6 3x + 12 x= [?]

Answers

Answer:

x=3

Step-by-step explanation:

9x-6=3x+12

6x=18 |:6

x=3

Line segment EG is partitioned by point F in the ratio 1:3. Point E is at E (0,4), and point F is at (1,3). What are the coordinates of point G?

Please help ASAP.. I’m really stuck >.< Any help is appreciated! (70 Points!!)

Answers

Answer:

1,4

Step-by-step explanation:

0,4 1,3 has to be farther

Answer:

(4,0)

Step-by-step explanation:

Write an equation of the line with the given slope and y-intercept: m = -5,b=4

a. y = -5x + 4
b. y = 5x + 4
c. y= -57-4
d. y = 5x-4

Please select the best answer from the choices provided​

Answers

Answer:

A.

I hope this will be useful

Chloe invests money in an account paying simple interest. She invests $200 and no money is added or removed from the investment. After one year, she has $204. What is the simple percent interest per year?

Answers

Answer:

2%

Step-by-step explanation:

Chloe's simple interest for 1 year is $4. You can get this by subtracting the amount she invested from the total amount she got after one year.

$204 - $200 = $4

Now that we know the simple interest, we can now get the simple interest rate or simple percent interest per year by dividing $4 by $200.

$4 ÷ $200 = 0.02

Let's change 0.02 into a percentage.

0.02 x 100 = 2%

This means that every year, her investment will earn a 2% simple interest.

Answer:

2%

Step-by-step explanation:

Find f(-4) if f(x) = -3x+5

Answers

The answer 17 and I agree with her or him

ILL MARK BRAINLIST!!!

Answers

Answer:

its 2

Step-by-step explanation:

Determine the value of w, then x, then y, and finally z.



Answers

Answer:

w 20x35y try to make it work

Please help hurry. Drag each number to the correct location on the table.
Classify the numbers according to their positions on a vertical number line





Answers

Answer:

Between -2 and 1 is -0.5 and 0.5

Below -2 is -4.5 and -2.5

Above 1 is 4 and 1.5

Step-by-step explanation:

Can i have brainliest?

Answer:

Below -2: -4.5 & -2.5

Between -2 & 1 : -0.5 & 0.5

Above 1: 4 & 1.5

Step-by-step explanation:

Hopefully that helps you guys!!!

a. [-1, 1]
b. [0, pi]
c. [-pi/2, pi/2]
d. -♾, ♾]

Answers

f(x) = sin(x)

Domain (–∞, ∞)

Range [–1, 1]

y = arcsine(x)

y = f–¹(x)

Domain [–1, 1]

Range [–π/2, π/2]

Plz Help fast WILL MARK BRAINLIEST

Answers

I hope this help a=

List the angles of the triangle in order from largest to smallest.

Question 1 options:


A)
∠B, ∠C, ∠A


B)
∠A, ∠B, ∠C


C)
∠A, ∠C, ∠B


D)
∠C, ∠B, ∠A

Answers

The largest angle is opposite the longest side. Likewise, the smallest angle is opposite the smallest side.

So with this information, it is obvious that c is the largest angle and a is the smallest angle.

So your answer is option d

Answer:

Step-by-step explanation:

Which best illustrates the distinction between statistical significance and practical importance?
A. In 2016, 240 out of 400 statistics students at Oxnard Technical College sold their textbooks at the end of the semester, compared with 220 out of 330 students in 2015, a significant decrease.
B. Our new manufacturing technique has increased the life of the 80 GB USB AsimoDrive external hard disk significantly, from 240,000 hours to 250,000 hours.
C. In 50,000 births, the new vaccine reduced the incidence of infant mortality in Morrovia significantly from 14.2 deaths per 1000 births to 10.3 deaths per 1000 births.
D. The new Sky Penetrator IV business jet's cruising range has increased significantly from 3,975 miles to 4,000 miles.

Answers

Answer:

The distinction between statistical significance and practical importance is best illustrated by:

C. In 50,000 births, the new vaccine reduced the incidence of infant mortality in Morrovia significantly from 14.2 deaths per 1000 births to 10.3 deaths per 1000 births.

Step-by-step explanation:

                                   Current state     Previous state     Change

A.  Textbooks sold      240/400 (0.6)   220/330 (0.67)     0.07

B.  Life of hard disk     250,000 hrs     240,000 hrs         0.04

C.  Infant mortality      10.3 per 1000    14.2 per 1000       0.27

D.  Cruising range      4,000 miles       3,975 miles          0.006          

Statistical significance, which depends on the p-value established before the test, relates to whether an effect exists, while practical significance determines the magnitude or size of the effect.  A statistical test cannot tell whether the magnitude is large enough to be important.  Mathematically, the change can be determined, which establishes the practical significance or importance of the change.

Watch help video
What is the surface area of the cylinder with height 2 km and radius 8 km? Round
your answer to the nearest thousandth.

Answers

Answer:

I think its 502.65 km 2

Step-by-step explanation:

(This is what I think, I might be wrong)

Answer:

502.655km

Step-by-step explanation:

I need the answer quickly. 6(3-2)/6

Answers

Answer:

I think the answer would be 1

Step-by-step explanation:

1 is the answer

3-2=1

6(1)=6

6/6=1

(2127*34534) : 122
pls need help

Answers

Answer:

36726909: 61

Step-by-step explanation:

2127 * 34534 = 73453818

therefore 73453818: 122

divide both sides to the simplest form

36726909: 61

2.865 in expanded form

Answers

Answer: 2.865

Step-by-step explanation:

need help with this please!!

Answers

Answer:

a 1/4 cuz perpendicular m × m original line is -1

A 1125 ft^3 open-top rectangular tank with a square base x ft on a side and y ft deep is to be built with its top lush with the ground to catch runoff water. The costs associated with the tank involve not only the material from which the tank is made but also an excavation charge proportional to the product xy.a. If the total cost isc = 5(x^2 + 4xy) + 10xy,what values of x and y will minimize it?b. Give a possible scenario for the cost function in part (a).

Answers

Answer:

The values of x and y that will minimize the cost is 15 ft and 5 ft respectively and the minimum cost will 3,375

Step-by-step explanation:

With a 1125 ft^3 open-top rectangular tank with a square base x ft on a side and y ft deep is to be built with its top lush with the ground to catch runoff water, x is the length, y is the height;

x^2*y = 1125

y = 1125/x^2 ----(1)

The total cost of c = 5(x^2 + 4xy) + 10xy

Then,

c = 5(x^2 + 4x*(1125/x^2)} + 10x*(1125/x^2)

c = 5x^2 + 22,500/x + 11,250/x

c = 5x^2 + 33,750/x

To minimize the cost of c, find the derivatives of c; c'

c' = 10x - 33,750/x^2

c' = (10x^3 - 33,750)/x^2

c'(x) = 0; 10x^3 = 33,750

x = ³√33,750 = 15

x = 15; y = 1125/x^2

y = 1125/15^2 = 5

(x,y) = (15,5)

c = 5x^2 + 33,750/x

c = 5*15^2 + 33,750/15 = 3,375

The values of x and y that will minimize it is 15 ft and 5 ft respectively and the minimum cost will 3,375

The values of x and y that will minimize the cost is 15ft and 5ft. The minimum cost is 3,375

We have volume of a rectangular tank = 1125 ft^3

Side of a rectangular tank = x ft and

Length of a rectangular tank =y ft  

So, [tex]x^2y = 1125[/tex]

[tex]y = \frac{1125}{x^2} ...(1)[/tex]

The total cost of rectangular tank (c) = [tex]5(x^2 + 4xy) + 10xy[/tex]

 [tex]c = 5(x^2 + 4x(\frac{1125}{x^2} ) )+ 10x(\frac{1125}{x^2} )\\c = 5x^2 +\frac{22,500}{x} + \frac{11250}{x} \\c = 5x^2 + \frac{33750}{x}[/tex]

Differentiating it w.r.t x, we get

[tex]c' = 10x - 33,750/x^2\\c' =\frac{10x^{3}-33750 }{x^{2} } \\c'(x) = 0\\10x^3 = 33,750\\x = \sqrt[3]{33,750} \\ = 15\\x = 15; y = \frac{1125}{x^2} \\y = \frac{1125}{15^{2} } \\= 5\\(x,y) = (15,5)\\c = 5x^2 + \frac{33750}{x} \\c = 5(15)^2 + 33,750/15 \\= 3,375[/tex]

The values of x and y that will minimize the cost is 15 ft and 5 ft and the the minimum cost is 3,375.

Learn more:https://brainly.com/question/6995312

2. Danny goes to McDonald's with her friends. They buy 3 Big
Macs, 2 Chicken Sandwiches, 5 French Fries and 4 Cokes.
McDonald's also charges 8.25% sales tax. How much will Danny
and his friends pay for the meal, including taxes. If Danny pays
the cashier $100, how much change will he get back?

Answers

25 I don’t really know
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