Search for question
Question

-ks) Townsend Realty Group Investments Purchase price (dollars) Property address Clearwater Lane Driftwood Drive Edgemont Street Glenview Street Hamilton Circle 128,000 176,000 70,000 140,000 450,000 Monthly rental price (dollars) 950 1,310

515 1,040 3,365 The Townsend Realty Group invested in the five different properties listed in the table above. The table shows the amount, in dollars, the company paid for each property and the corresponding monthly rental price, in dollars, the company charges for the property at each of the five locations. Question: Townsend Realty purchased the Glenview Street property and received a 40% discount off the original price along with an additional 20% off the discounted price for purchasing the property in cash.

Fig: 1