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Real Estate Exam > Class 9 > Flashcards

Class 9 Flashcards

1
Q

Formula for Commission

A

Commission = Sale Price * Commission Rate

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2
Q

Formula for Appreciation

A

Appreciation = Original Value * Rate of Appreciation

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3
Q

Formula for Depreciation

A

Depreciation = Original Value * Rate of Depreciation

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4
Q

FUTURE values for with appreciation and depreciation formulas

A

Appreciation
Future Value = Original Value * (100% plus rate of appreciation)

Depreciation
Future Value = Original Value * (100% minus rate of depreciation)

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Real Estate Exam (19 decks)

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