PLEASE ANSWER ALL THE QUESTIONS !!
An investor paid $36,000 for a four-unit apartment building. Each apartment rents for $85.00 per month. The investor figures that by good management a profit of 45% of gross rents could be made. If this is true, what rate of return will the investor realize on the investment?
Group of answer choices
a. 11%
b. 5.5%
c. 5.06%
d. 5.1%