Felice bought a duplex apartment at a cost of $150,000. Her mortgage payments on the property are $940 per month, $121 of which can be deducted from her income taxes. Her real estate taxes total $1,440 per year, and insurance costs $900 per year. She estimates that she will spend $1,000 each year per apartment for maintenance, replacing appliances, and other costs. The tenants will pay for all utilities 0.83 points 0142:40 What monthly rent must she charge for each apartment to break even? (Round intermediate calculations and answer to the nearest whole number.

$651

Explanation:

For computation of Break-even monthly rent per apartment first we need to find out the monthly rent which is shown below:-

Monthly costs = Mortgage payment + Real estate taxes + Insurance costs + Maintenance costs

= $940 + ($1,440 ÷ 12) + ($900 ÷ 12) + (2 × ($1,000 ÷ 12)

= $940 + $120 + $75 + $167

= $1,302

Break-even monthly rent per apartment = Monthly costs ÷ 2

= $1,302 ÷ 2

= $651

Therefore we have applied the above formula.

We ignored the income tax as it is not relevant also it is tax deductible expense

answer/// sequence of operations that requires the longest time for completion';

answer: b. false

the staff is a set of five horizontal lines and four spaces which represent a different musical pitch. the lines and the spaces are numbered from bottom to top, the bottom line is the first line and the fifth line is the line on the top. the notes on the top of the staff (fifth line) have a higher pitch than a note at the bottom of the staff.