AYPO Real Estate Principles of Real Estate II Exam Study Guide 115 Questions with 100% Correct Answers | Updated | Guaranteed A+
If the base side of a triangular plot measures 45' and the height line measures 12', what is the area of the plot in square feet?([b x h] x ½ = A) - ️️270 square feet An applicant is allowed to use what electronic devices during the real estate exam? - ️️Hand-held calculator Convert the following fraction to a decimal for ease of computation: 31/25 - ️️1.24 What is the general formula to determine Capital Gain? - ️️Profit from Sale - Base Value = Capital Gain A property owner borrows $490,000 at a 12% interest rate. How much interest accumulates in the first year?(Interest Rate = Interest / Principle) - ️️$58,800 A property owner has a 20-year mortgage that is worth $97,500 with a 7.5% annual interest rate. What does the property owner pay in mortgage payments every month? - ️️$784.87 What is the basic formula for determining the proration of fees? - ️️Tax or Fee Rate x Remaining Days or Months = Tax or Fee Owed A house has 3 distinct rectangular shapes: A=20'x30' B=10'x10' C=75'x50'
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