Answer All the questions please!

7. The period of time over which an improvement to the property will contribute to value is its: a. amortized life b. chronological life c. actual life d. economic life 8. By today's standards, a 4 bedroom house with 1 bathroom would be considered to be: a. physically obsolete b. functionally obsolete c. economically obsolete d. diminished 9. Which of the following is true? a. Highest and best use will be included in most appraisal reports b. In appraising a single family home, the sales compch is given the greatest weight oach is given the greatest weight c. In appraising a retail establishment, the d. The GIM of a property is computed as: Sales Price X Gross Monthly Income 10. In the income approach, which of the following is NOT considered when calculating the net operating income? a. real estate taxes b. management fees c. debt service d. utilities 11. The subject property has 3 bedrooms and 2 baths. A comparable property has 2 bedrooms and 1 bath. Which fthe following is true? a. the value of the subject property will be adjusted up b. the value of the subject property will be adjusted down c. the value of the comparab d. the value of the comparable will be adjusted down will be adjusted up t's capitalization rate? 12. If a property's annual net income is $36,000 and it is valued at $400,000, what is a. 8% b. 9% c. 9.5% d. 10% 6. 13. All of the following are examples of police power EXCEPT: a. zoning ordinances b. building codes c. restrictive covenants d. city planning requirements