daijahamaker062816
daijahamaker062816
30.07.2019 • 
Mathematics

If the effective gross annual income from a property is $112,000 and the total expenses for the year are $53,700, what capitalization rate was used to obtain a valuation of $542,325?
9.75 percent
10.25 percent
10.50 percent
10.75 percent

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