radomes.openskiesproject.org
bettyboopi bettyboopi
  • 09-01-2017
  • Mathematics
Answered

You made a $50,000 down payment to buy an apartment building. you got a loan from a bank for the rest of the cost. each month, you pay the bank $1,500 on the loan. you charge $1,000 per month to rent each of the 6 apartments. how many months will it take you to make a profit? round to the next full month.

Verified Answer :

andreasofia200p245v1 andreasofia200p245v1
  • 17-10-2018

The answer is 12 months .

Answer Link

Related Questions

People flocked to California to fulfill the
Which of the following best describes what most experts believe about Homo sapiens athey arose out of Africa less than 200000 years ago bthey arose from Neander
Find an equation for the tangent plane to the surface z 3 xy cosz at the point 310
Macromolecules containing hydrogen oxygen nitrogen carbon phosphorous
round to the place of 4 in 624531
Many companies that go public with an ipo dont actually need additional cash to continue growing their operations Why might such a firm decide to go public a an
What language did english directly borrow from autonomy n
It will soon be autumn and the birds seem to be preparing for A migration B inevitable C regenerate D crisscrossing
why might a wide range of species be endangered by the pollution of an estuary
the fertile crescent was fought for as a desirable place in which to live because it had there may be more then 1 question water a warm climate precious jewels