An office building produces a 7% annual return. The property taxes on the building were increased by $7,500 annually. Wh
Posted: Mon Nov 15, 2021 5:01 pm
An office building produces a 7% annual return. The property
taxes on the building were increased by $7,500 annually. What
effect will the increase in property taxes have on the value of the
building? Use the formula of Income / Ratio = Value
taxes on the building were increased by $7,500 annually. What
effect will the increase in property taxes have on the value of the
building? Use the formula of Income / Ratio = Value