Little Mejia
01/07/2023 · Junior High School
42. The effective gross income from an office building property is \( \$ 73,500 \) and the annual operating experes the total \( \$ 52,300 \). If the owner expects to recelve al 11 percent return on his investment, what is the value of the property? a. \( \$ 668,181 \) b. \( \$ 125,800 \) c. \( \$ 475,454 \) d. \( \$ 192,727 \)
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The value of the property is approximately \( \$ 192,727 \).
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