document.write( "Question 1181036: Greg owns a rental property in Beaufort SC.His mortgage , insurance,and HOA fees total up to $1,100 per month. In addition he's expecting the following maintenance expenses over the next year.
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document.write( "Furnace replacement:$5,000
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document.write( "Gutters replacement:$2,000
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document.write( "Landscaping:$1,500
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document.write( " What's is the minimum monthly rent Greg should charging his tenants for the next year,just to break even \n" );
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Algebra.Com's Answer #810851 by ikleyn(52781)![]() ![]() You can put this solution on YOUR website! . \n" ); document.write( " \r\n" ); document.write( "\r\n" ); document.write( "First, calculate all his expenses for the property during the year\r\n" ); document.write( "\r\n" ); document.write( "\r\n" ); document.write( " 12*1100 + 5000 + 2000 + 1500 = 21700 dollars.\r\n" ); document.write( "\r\n" ); document.write( "\r\n" ); document.write( "Next, divide it by 12 (the number of months in the year).\r\n" ); document.write( "\r\n" ); document.write( "\r\n" ); document.write( "\r\n" ); document.write( "The quotient which you obtain, will be your answer (if you manage to do all calculations correctly).\r\n" ); document.write( "\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "You are instructed - - - so, I completed my job as a tutor.\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |