Suppose Shaan invested just $10,000 of his own money and had a $90,000 mortgage with an interest rate of 8.5 percent. After three years, he sold the property for $120,000. (a) What is his gross profit?
(b) What is his net profit or loss? (Input the amount as a positive value.)
(c) What is the rate of return on investment? (Negative amount should be indicated by a minus sign. Enter your answer as a percent rounded to 2 decimal places.)

a. $20,000

b. -$2,950

c. -29.50%

Explanation:

The computation is shown below:

a. Gross Profit is

= Sale value of Property - Invested amount - Mortgage amount

= $120,000 - $10,000 - $90,000

= $20,000

b. Net Profit

= Gross profit - number of years × mortgage amount × rate of interest

= $20,000 - 3 × $90,000 × 8.5%

= -$2,950

And,

c) Rate of return  is

= Net profit ÷ invested amount

= -$2,950 ÷ $10,000

= -29.50%

x=3

step-by-step explanation:

this is really simple i saw that there was only one term (5x) and thought if that was 15 what would i have to multiply everything else to get it there? well if 5x became 15 then x would have to be 3 so plug the 3 in the x for the other equations and you get 15 for the other ones. so there you go. : )

an online clothing brand

explanation: