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You purchase an apartment for $500,000; 20% down payment and 80% mortgage with 2% annual interest rate y rent the place for $2,400 per month.

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You purchase an apartment for $500,000; 20% down payment and 80% mortgage with 2% annual interest rate y rent the place for $2,400 per month. Your average monthly operating expenses are $700. How much is the ROI your investment at the end of the year? O a. 5.23% O b. 4.9% 12.4% O d. 9.4% OC. Clear my choice

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