re 194 ass 2 arkan

Percentage Conversion:
Convert 37.5% to a decimal and 0.85 to a percentage.
Simple Interest Calculation:
A borrower takes out a $150,000 loan at an annual interest rate of 6% for 5 years. Using the simple interest formula (Principal Rate Time), calculate the total interest paid.
Gross Living Area Calculation:
A rectangular-shaped house measures 50 feet long and 30 feet wide. What is the square footage of this home.
What is the meaning of GLA, and what does it stand for?Does a garage count as part of Gross Living Area? Why or why not?
How would a real estate appraiser determine the mean, median, and mode from the following comparable property sales prices?$250,000, $275,000, $300,000, $275,000, $310,000The mean is: __________
The median is: __________
The mode is: __________Find the mean (average), median, and mode of these sales prices.
The Six Functions of a Dollar:
- What are the six functions of a dollar in real estate finance?
- Why is it important for appraisers and investors to understand these functions?

Requirements: 1h

Comments