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Business, 25.11.2021 14:10 joshxg227

Matthew paid $779,000 for a ten-room apartment building nine years ago. The building has lost 2. 7% of its value every year. Matthew keeps all of his rooms rented out continually, charging a monthly rent of $810 per room. Upkeep on the building costs Matthew $35,900 every year. If Matthew sells the building, what will his total profit be, to the nearest hundred dollars? a. $737,100 b. $551,700 c. $362,400 d. $381,600.

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