Potential Gross Income describes
Subject: Business / Finance
Question
Potential Gross Income describes:
the actual rent earned by a property in a year.
the actual rent earned by a property in a year, net of expenses.
the total rent a property could earn in a year if fully rented out.
the total rent earned in a year, after the mortgage is paid.
How much will a $100 deposit made today be worth in 10 years if interest is compounded daily at an annual rate of 10%?
$200
$259.37
$268.51
$271.79
The future value of a deposit in a saving account today will depend on
nominal annual interest rate offered on the account
the length of time the money is on deposit
the frequency of interest compounding
all of the above
John owns a 5-story office building with total square footage of 125,000. He acquired the investment for $2,500,000. The land represents 30% of his investment. What is John’s annual depreciation deduction?
44,872
63,636
19,231
64,103

