NRL: OnlineEd Quiz Questions Math (2025)
comprehensive questions and verified answers (
detailed & elaborated) ACTUAL EXAM 2025
TEST!!
Save
Terms in this set (8)
6.8%
First calculate the net operating income. This is done
by first calculating the amount of annual rents
received and then subtracting from the annual rent
figure the annual expenses ($350x 2 units x 12
An investor paid $65,000
months= $8,400)
for a duplex. Each unit
rents for $350 per month.
Subtract the annual expenses from the gross rental
The investor's annual
income to arrive at the net operating income
expenses total $4,000.
($8,400-$4,00= $4,400)
What is the rate of return
for the $65,000 invested,
Then divide the net income by the amount paid for
rounded to the nearest
the building to arrive at the annual rate of return
single decimal place?
($4,400/$65,000=.0676)
After that, convert the decimal to a whole percent
by moving the decimal two places to the right
(6.76%). Rounded to the first decimal place, the ROI
is 6.8%
https://quizlet.com/1021141922/nrl-onlineed-quiz-questions-math-2025-comprehensive-questions-and-verified-answers-detailed-elaborated-actual… 1/5
, 3/21/25, 1:16 PM NRL: OnlineEd Quiz Questions Math (2025) comprehensive questions and verified answers ( detailed & elaborated) ACTUAL …
6,668 sq. ft.
A lot measures 97 'x 125'.
The zoning code
Remember, the house size cannot exceed the 55%
specifies maximum lot
set in the zoning code. First, calculate the square
coverage of 55%. The
footage of the city lot (97' x 125' = 12,125 sq. ft.). Then
maximum size of a house,
multiply the lot square footage by the amount of
in whole numbers, would
permissible lot coverage. (12,125 sq. ft. x .55 =
be:
6,668.75 or 6,668 sq. ft. in whole numbers
https://quizlet.com/1021141922/nrl-onlineed-quiz-questions-math-2025-comprehensive-questions-and-verified-answers-detailed-elaborated-actual… 2/5