Dave bought a rental property for $675,000 cash. One year later, he sold it for $700,000. What was the return on his $675,000 investment? (Negative amount should be indicated by a minus sign. Enter your answer as a percent rounded to 2 decimal places.)

Answers

Answer 1

The return on his $675,000 investment is 3.57%.

Given that, Dave bought a rental property for $675,000 cash. One year later, he sold it for $700,000.

We need to find the what was the return on his $675,000 investment.

What is the return on investment?

Return on investment or return on costs is a ratio between net income and investment.

Now, return=700,000-675,000=$25000

Return in percentage=25000/700000×100=3.571%

=3.57%

Therefore, the return on his $675,000 investment is 3.57%.

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Related Questions

Cassandra works for a company that is based off her sales. If she is paid 9.5% of her total monthly sales, calculate her pay for the month if she sells $15,670 of product.

Answers

Answer:

I don't understand what you mean. but 10.43 i guess

Which expression is equivalent to ( + )?

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Answer:

No entiendo que es lo que hay qué hacer

The business college computing center wants to determine the proportion of business students who have laptop computers. If the proportion differs from 25%, then the lab will modify a proposed enlargement of its facilities. Suppose a hypothesis test is conducted and the test statistic is 2.4. Find the p-value for a two-tailed test of hypothesis.

Answers

Answer:

The p-value for a two-tailed test of hypothesis is 0.0164.

Step-by-step explanation:

The test statistic is 2.4. Find the p-value for a two-tailed test of hypothesis.

This means that we look at the z-table, and we have to find:

[tex]P(|Z| > 2.4)[/tex]

Which is the pvalue of Z = -2.4 multiplied by 2, or 2 multiplied by 1 subtracted by the pvalue of Z = 2.4.

Looking at the z-table, z = 2.4 has a pvalue of 0.9918

1 - 0.9918 = 0.0082

2*0.0082 = 0.0164

The p-value for a two-tailed test of hypothesis is 0.0164.

the equation is (9+6)+4=(5+ blank)+4​

Answers

10 is your answer!! hope this helps

Answer:

10

Step-by-step explanation:

(9 + 6) + 4 = (5 + x) + 4

15 + 4 = 5 + x + 4

19 = x + 9

19 - 9 = x

10 = x

A contractor is building a fence around a square garden that has a side length of 3 inches in a scale drawing. The scale factor of the drawing is 1 1/2 inches : 4 feet. If one link of fence measures 2 2/3 feet, shade the correct number of links needed to build a fence around the entire garden ​

Answers

The number of fences needed to build around the entire garden is 12.

What is a square?

A square is a two-dimensional figure that has four sides and all four sides are equal.

The area of a square is given as side².

We have,

Side of the square garden = 3 inches

Scale factor.

1(1/2) inches = 4 feet

3/2 inches = 4 feet

3 inches = 8 feet

Now,

Length of one fence.

= 2(2/3) feet

= 8/3 feet

Now,

The perimeter of the square.

= 4 side

= 4 x 3 inches

= 12 inches

= 4 x 8 feet

= 32 feet

Now,

The number of fences needed to build the fence around the garden.

= 32 ÷ 8/3

= 32 x 3/8

= 12 fences

Thus,

12 fences are needed to cover the entire garden.

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The length of a rectangle is 4 inches longer than its width. The area of the rectangle is 32 inches square. What is the width ? The width is ___ inches

Answers

Answer:

I hope this helps dear

Step-by-step explanation:

P = 2(L + W) = 32 in

L = W + 4

2[(W + 4) + W] = 32 in ⇒

W = 6 in

L = W + 4 = (6 + 4) in = 10 in

A = LW = (10)(6) in2 = 60 in2

Helppppp!!!!!!!!! Plz

Answers

The answer is 22. You would subtract 3.5 from both sides, then x=22z

Is that the answer please help no links no links please help

Answers

Answer:

360

Step-by-step explanation:

V= L•W•H/3

10×12×9÷3


8)Which value could be the largest whole number that could equal the
length of the missing side in the picture?
Plz help I will give brainliest

Answers

Answer:

10

Step-by-step explanation:

take 6-5=1

6+5=11

These are the parameters of a triangle. If the third side length is equal to 11 then that is impossible.

1<x<11

So the largest value for x would be 10

Hope that helps :)

The core answer is D) 10

a + b − _____ = a
help :)

Answers

Step-by-step explanation:

Subtract a from both sides

a-a+b-___=a-a

b-__=0

b=___

answer:b

Hope that helps :)

It's b. It's a + b - b = a.

If the energy required to harvest and refine an energy resource is 10,000 megawatts (MW) and the energy actually obtained from using the fuel is 12,400 MW, what is the EROEI of this resource?

Answers

Answer:

22,4000 answer i tinking

Wat is a mixed number or whole number: 11/3

Answers

Answer:

Not exactly sure what your asking but 11/3 as a mixed number is 3 2/3

Answer:

3 2/3 is the simplified version of 11/3

Step-by-step explanation:

Solve the Following inequality by choosing the Possible range of Values that make the Statement True

x + 3 ≥ 13

Answers

Answer:

x has to be greater than or equal to 10 (x ≥ 10)

Step-by-step explanation:

x + 3 ≥ 13

x ≥ 13 - 3

x ≥ 10


PLEASE HELP , DONT SKIP !

NO LINKS OR FILES.

Answers

Step-by-step explanation:

You have to click the number of Xs for each kilometer travelled. For example, there are 2 "3 km" answers, so under the 3 column, you click 2 Xs.

PLEASE HELP!!!!! FAST!!! I’ll mark brainliest

Answers

Answer:

the third one

Step-by-step explanation:

plan A is less expensive for more than 6 features

Please help me

Adjust to compatible numbers that count by 50s, and then subtract to
estimate the difference.

301 - 52 =

Answers

Answer:

249

Step-by-step explanation:

301 - 52 = 249

Help please !! need it asap

Answers

120? I believe sorry if you get it wrong!


Choose the fraction pair that is equivalent.
16/64 and 1/4
8/9 and 9/8
5/8 and 25/48
3/6 and 1/3

Answers

Answer:

16/64 and 1/4

Step-by-step explanation:

1/4 x 16/16 = 16/64

1 x 16 / 4 x 16 = 16/64

16/64 = 16/64

16/64 and 1/4!! hope this helps

71 is 10% of what number?

52 is 97% of what Number?

Explain steps.

Answers

Answer:

71 is 10% of 710

52 is 97% of 5200/97

Step-by-step explanation:

Let’s start with 71 is 10% of what number.

basically, what this is saying, is that 71 = 10% times and unknown valu. We can set this as x.

so, 71=0.1x

divide on both sides,

710=x

now the second one.

repeat the same process.

52=0.97x

divide

5200/97 =x

Imagine you deposit $4,500 into an account that pays 5,5 percent interest compounded
daily. How much interest will you earn in 30 days?

Answers

Answer:

500

Step-by-step explanation:

Fran has 18 paperback books and 24 hardcover books. What is the ratio of hardcover to paperback books?
WILL GIVE BRAINLIEST
3:4


4:3


3:7


7:3

Answers

The correct answer is 3:4

the length of rectangular park is 15 m longer than that of the park is 114m find it's length and breadth​

Answers

Answer: Length: ≈20.5 Breadth: ≈5.5

Step-by-step explanation: x(x+15)=114, solving for x we get 5.547 and 20.547.

Find the percent of change. Round to the nearest tenth of a percent if necessary.


1/4 to 1/2

Answers

9514 1404 393

Answer:

  100%

Step-by-step explanation:

The percentage change can be computed from ...

  pct change = ((new value)/(old value) -1) × 100%

  = ((1/2)/(1/4) -1) × 100%

  = (2 -1) × 100%

  = 100%

The increase by 1/4 from 1/4 to 1/2 is an increase of 100%.

Find the value of each variable

Answers

Answer:

(x - 2)² + y² = 9

Step-by-step explanation:

3. What is the axis of symmetry of the graph of function f(x) = x² - 6x – 1

Answers

Answer:

guihnijiop;kl;lkm

Step-by-step explanation:

Answer:

A parabola has an axis of symmetry at x = 3 if the x-value of the vertex is 3.

f(x) = x^2 + 3x + 1 = x^2 + 3x + 9/4 - 5/4 = (x + 3/2)^2 - 5/4 => vertex = (-3/2, -5/4)

f(x) = x^2 - 3x - 3 = x^2 - 3x + 9/4 - 21/4 = (x - 3/2)^2 - 21/4 => vertex = (3/2, -21/4)

f(x) = x^2 + 6x + 3 = x^2 + 6x + 9 - 6 = (x + 3)^2 - 6 => vertex = (-3, -6)

f(x) = x^2 - 6x - 1 = x^2 - 6x + 9 - 10 = (x - 3)^2 - 10 => vertex = (3, -10)

Therefore, f(x) = x^2 - 6x - 1 has an axis of symmetry at x = 3.

Step-by-step explanation:

plz mark me as brainlist

9(3y-5) expanded

HELPP

Answers

The answer you are looking for is 27y - 45

Answer:

x=9(3y-5)

Step-by-step explanation:

pls help i dont have much time whoever answers correctly ill mark brainliest

What is the area of the trapezoid shown below?

Answers

Answer:

114 it think but maybe not

Step-by-step explanation:

a

Answer : 78

Explanation: Bottom of triangle is 9. Use area of triangle formula to find area of triangle (54). Find area of rectangle (24). Add.

Anyone know the answer

Answers

Step-by-step explanation:

[tex]4x - 16 + 2x + 16 = 180 \\ 6x = 180 \\ x = 30[/tex]

Step-by-step explanation:

A straight line has 180° so we can set

4x-16+2x+16=180

6x=180

x=30

Hope that helps :)

A set of 10 cards consists of five red cards and five black cards. The cards are shuffled thoroughly, and I choose one at random, observe its color, and replace it in the set. The cards are thoroughly reshuffled, and I again choose a card at random, observe its color, and replace it in the set. This is done a total of four times. Let X be the number of red cards observed in these four trials. The mean of X is:

Answers

Answer:

The mean of X is 2

Step-by-step explanation:

Given the data in the question;

set of 10 cards consist of 5 red card and 5 blacks

cards are chosen, replaced and shuffled four times;

number of independent trials n = 4

now, since its is replaced, the probability of getting a red card in each trial will be;

p = 5/10 = 0.5

let X rep the number of red cards observed in the four trials.

the random variable follows binomial distribution where

n = 4 and p = 0.5

so

E(X) = ∑xP( X = x )

E(X) = np

we substitute

E(X) = 4 × 0.5

E(X) = 2

Therefore, The mean of X is 2

In the Baroque period, how many melodies did a piece of music usually feature

Answers

Answer:

Many types of music, e.g. The Chorale, Opera, the Dance Suite.

Step-by-step explanation:

Answer:

The answer is: A. One

Step-by-step explanation:

I took the test.

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