Question: Burt bought a house for $ 2 5 0 , 0 0 0 and plans to rent it out for $ 2 , 0 0

Burt bought a house for $250,000 and plans to rent it out for $2,000 per month. His expected annual rate of return from renting the house is approximately
8.0 percent.
9.6 percent.
19.2 percent.
20 percent.
Burt bought a house for $ 2 5 0 , 0 0 0 and plans

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