Expenditures that add to the utility of fixed assets for more than one accounting period are

a. utility expenditures
b. capital expenditures
c. revenue expenditures
d. committed expenditures

Mr. pines is considering buying a house and renting it to students. the yearly operating costs are $1,900. the house can be sold for $175,000 at the end of 10 years and it is considered 18% to be a suitable annual effective interest rate. if the house costs $100,000 to purchase, how much would you need to charge your tenants each year in rent? (assume a single payment for the years rent at the end of each year)