FIN202_-_SU_2024_-_Block_5_-_FE_2679.webp
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FIN202_-_SU_2024_-_Block_5_-_FE_2679.webp

Kizspy | Question: 44 (Choose 1 answer)
(20665) Babs purchased a piece of real estate last year for $85,000. The real estate is now worth $102,000. If Babs needs to have a total return of 25 percent during the year, then what is the dollar amount of income that she needed to have to reach her objective?
A. $3,750
B. $4,250
C. $4,750
D. $5,250

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