Question
The annual gross income from an office building is $75,400, and the monthly expenses are $2,700. If the appraiser uses an 11 percent rate of
The annual gross income from an office building is $75,400, and the monthly expenses are $2,700. If the appraiser uses an 11 percent rate of return, what is the estimated value of the propertyrounded to the nearest hundred?
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Engineering Economy
Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
15th edition
132554909, 978-0132554909
