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GodBlessYou
 3 years ago
Don Price bought a $70,000 house. He rents the house for $900 per month. He has $700 in monthly expenses. (1) What is the amount of the annual rent?
GodBlessYou
 3 years ago
Don Price bought a $70,000 house. He rents the house for $900 per month. He has $700 in monthly expenses. (1) What is the amount of the annual rent?

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GodBlessYou
 3 years ago
Best ResponseYou've already chosen the best response.0lol!:) Do you know Jesus?

kumar2006
 3 years ago
Best ResponseYou've already chosen the best response.0Why would you ask that question for?

kumar2006
 3 years ago
Best ResponseYou've already chosen the best response.0That's not even funny man

GodBlessYou
 3 years ago
Best ResponseYou've already chosen the best response.0Becuase benice asked wwjd. That stands for what would Jesus do. :)

AnimalAin
 3 years ago
Best ResponseYou've already chosen the best response.3He would probably sort out the unimportant information, and answer the question.

kk1022
 3 years ago
Best ResponseYou've already chosen the best response.0Its his own question @AnimalAin

AnimalAin
 3 years ago
Best ResponseYou've already chosen the best response.3What information given in the problem is important, and what isn't?

GodBlessYou
 3 years ago
Best ResponseYou've already chosen the best response.0That's to funny! I'm sorry for the confusion. :) So I still don't understand the process...?

kk1022
 3 years ago
Best ResponseYou've already chosen the best response.0Can someone just answer his question? Poor guy. the responders are not even talking about what he is asking

AnimalAin
 3 years ago
Best ResponseYou've already chosen the best response.3The question is about the rent. Which of the three numbers in the question is about the rent?

GodBlessYou
 3 years ago
Best ResponseYou've already chosen the best response.0Thank you kk1022. :)

benice
 3 years ago
Best ResponseYou've already chosen the best response.0AnimalAin answer is the one I would put my faith in

GodBlessYou
 3 years ago
Best ResponseYou've already chosen the best response.0I'm not bored. I have a question. I was just commenting on what benice said. There is nothing wrong with that.

GodBlessYou
 3 years ago
Best ResponseYou've already chosen the best response.0So can anybody explan? :)

AnimalAin
 3 years ago
Best ResponseYou've already chosen the best response.3Did you read my posts above?

GodBlessYou
 3 years ago
Best ResponseYou've already chosen the best response.0The question is about the rent. Which of the three numbers in the question is about the rent? umm.. 70,000, 900, and 700

benice
 3 years ago
Best ResponseYou've already chosen the best response.0the question is asking simple what is the annual rent ..... the other figures are there to test your beliefs

AnimalAin
 3 years ago
Best ResponseYou've already chosen the best response.3You are not reading very carefully. Only one of the numbers is about the rent. Which one?

GodBlessYou
 3 years ago
Best ResponseYou've already chosen the best response.0Um... He rents his house for 900 a month.

AnimalAin
 3 years ago
Best ResponseYou've already chosen the best response.3How many months in a year?

GodBlessYou
 3 years ago
Best ResponseYou've already chosen the best response.0You multiply 900 by 12

AnimalAin
 3 years ago
Best ResponseYou've already chosen the best response.3Well, we now have two numbers, 900 and 12. What do you suppose we ought to do with them?

AnimalAin
 3 years ago
Best ResponseYou've already chosen the best response.3So the answer is.....

AnimalAin
 3 years ago
Best ResponseYou've already chosen the best response.3Don't forget the dollar sign.

GodBlessYou
 3 years ago
Best ResponseYou've already chosen the best response.0$10.800. :) The second part to the question was What is the ammount of the annual expenses?

GodBlessYou
 3 years ago
Best ResponseYou've already chosen the best response.0I didnt mean to write a decimal I meant a comma. :)

AnimalAin
 3 years ago
Best ResponseYou've already chosen the best response.3OK, the pattern of this problem is very similar to the one we just did. What are you going to do?

AnimalAin
 3 years ago
Best ResponseYou've already chosen the best response.3A minute ago we were concerned with the rent. Now we are concerned with the expenses. Which number in the problem is concerned with expenses?

AnimalAin
 3 years ago
Best ResponseYou've already chosen the best response.3How many months of the year does he have those expenses?

GodBlessYou
 3 years ago
Best ResponseYou've already chosen the best response.0You would multiply 700 by 12.

GodBlessYou
 3 years ago
Best ResponseYou've already chosen the best response.0and then you get $8,400

GodBlessYou
 3 years ago
Best ResponseYou've already chosen the best response.0What is the rate of income to the nearest tenth of a percent?

kk1022
 3 years ago
Best ResponseYou've already chosen the best response.0@AnimalAin, such a good teacher

GodBlessYou
 3 years ago
Best ResponseYou've already chosen the best response.0I agree! The best on here I've had so far. :)

AnimalAin
 3 years ago
Best ResponseYou've already chosen the best response.3Not sure about the intent of the question. Is that exactly the way it's worded?

GodBlessYou
 3 years ago
Best ResponseYou've already chosen the best response.0Yes that was the third part. I says, What is his rate of income to the nearest tenth of a percent.

GodBlessYou
 3 years ago
Best ResponseYou've already chosen the best response.0This is business math

AnimalAin
 3 years ago
Best ResponseYou've already chosen the best response.3The investment is $70,000. The net income (rent less expenses) is $200 a month, or $2400 a year. So the percentage would be\[\frac{2400}{70000}\approx 3.4~percent\]

AnimalAin
 3 years ago
Best ResponseYou've already chosen the best response.3Although, I'm not certain that is exactly the way your teacher or the author of the text would figure it.

GodBlessYou
 3 years ago
Best ResponseYou've already chosen the best response.0Alright that really helped! Thank you! Thank you for actually taking the time to explain that to me so I can memorize the process to apply to other similar problems. :)
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