doris8051
17.12.2019 •
Mathematics
What is the rate of change of the function described in the table? twelve-fifths 5 startfraction 25 over 2 endfraction 25
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Ответ:
Step-by-step explanation:
GIM means Gross Income Multiplier and it is a method used for valuating a property or an investment. It is expressed mathematically as the ratio of the property's value/sales price and its gross annual income.
GIM = Value of an investment/Gross annual income.
Given the annual income = $547,500 and Value = $6,345,000;
GIM = $6,345,000/$547,500
GIM = 11.589
GIM ≈ 11.6
Hence, the Gross Income Multiplier of the strip mall is approximately 11.6.
GIM has no units.