BUSINESS ADMINISTRATION
BUSINESS MATHEMATICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Jamal Winchester invested $75, 000 in a property. He expects his annual expenses of owning the property to be $18, 000. If Jamal wants to earn 8% annual net income on his capital investment, what monthly rent must he charge?
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24, 000
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20, 000
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6, 000
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2, 000
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Explanation:
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