Answer All the questions please!

1. The income approach to value would be most important in the appraisal of a (n): a. condominium b. office building c. single family residence d. vacant residential lot 2. In an old retail building, which of the following would most likely be an example of incurable functional obsolescence? a. deficient and inadequate lighting b. closely spaced internal support columns an unattractive store front d c. a decrease in the area's population SThe income approach as used by an appraiser makes use of which if the following? a. equalization b. depreciation c. appreciation d. capitalization In the cost approach to value, the appraiser makes use of: the owner's original cost of the building b. the estimated replacement cost of the building c. the sales prices of similar buildings in the area d. the assessed value of the building 4. a. 5. A building is valued at $215,000 and contains 4 apartments that rent for $470 each per month. The owner estimates that the net operating income is 65 percent of the gross rental receipts. What is the capitalization rate? a. 4% b. 7% 11% C d. 10% 6. To find the value of a property using the income approach to value, if the net operating income and the capitalization rate were known, the appraiser would: multiply the net operating income by the capitalization rate b. multiply the effective gross income by the capitalization rate c. divide the net operating income by the capitalization rate d. divide the capitalization rate by the net operating income a