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10 Cards in this Set
- Front
- Back
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The value of your house, not including the lot, is $191,000 today. What was the original cost if it has depreciated 5% per year for the past 7 years?
a)$176,407.41 b)$195,789.47 c)$124,150.00 d)$293,846.15 |
d)$293,846.15
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What price per front foot for a 100' x 125' lot that sold for $125,000?
a)$1,250.00 b)$1,000.00 c)$556.00 d)$10.00 |
a)$1,250.00
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If the avings and loan gives you a 90%loan on a house valued at $288,500, how much additional cash must you produde as a down payment if you have already paid $14,500 in earnest money?
a)$13,500 b)$14,000 c)$14,350 d)$28,850 |
c)$14,350
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What did the owners originally pay for their home if the ysold it for $298,672 which gave them a 12% profit over their original cost?
a)$286,830 b)$266,671 c)$289,700 d)$210,510 |
b)$266,671
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Which price would you pay for a building producing $25,250 annual net income and showing a minimum rate of return of 7%?
a)$360,714 b)$323,626 c)$301,250 d)$322,625 |
a)$360,714
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The sale of Mrs. Gate's home is to close to September 28. Included in the sale is a garage apartment that is rented to Sandy Dart for $850 per month. Sandy has paid the September rent. What is the rent proation using actual days and proaring though the day of closing?
a)4325.67 b)$56.67 c)$350.00 d)$175.00 |
b)$56.67
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What is the total cost of a driveway 15' wide, 40'long, and 4"thick if the concrete costs $60.00 per cubic yard and the labor costs $1.25 per square foot?
a)$48,450 b)$50,815 c)$50,875 d)$51,000 |
d)$51,000
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An owner agrees to list his property on the condition that he recieves at least $47,300 after paying a 5% broker's commission and paying $1,150 in closing costs. At what price must it sell?
a)$1,125.00 b)$756.25 c)$600.00 d)$652.08 |
d)$652.08
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The Loving Gift Shop pays rent of $600 per month plus 2.5% of gross annual sales in excess of $50,000. What was the average monthly rent last year if gross annual sales were $75,000?
a)$1,125.00 b)$756.25 c)$600.00 d)$652.08 |
d)$652.08
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If your monthly rent is $825, what percent would this be of an annual income of $21,000?
a)25% b)47% c)33 1/3% d)40% |
b)47%
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