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03-01-2020
Business

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to recieve a 14% return on an investment of 500,000 what would be the required net operating income of the purchased property?

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03-01-2020

Answer:

70000

Explanation:

Investment = 500000 .00

expected ROI = 14%

ROI = (Operating income / investment ) x 100

operating income = ( ROI x investment )/ 100

= 14 x 500000/100

= 70000 . Ans

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