An Investor Just Purchased an Office Building for $100,000

Multiple Choice

An investor just purchased an office building for $100,000. He knows for certain that he can sell the building for $110,000 in 5 years. Approximately how much does he need to charge in annual rent in order to achieve a 15% annual return on the deal (rounded to the nearest hundred dollars) ?

A) $2,500
B) $8,000
C) $13,500
D) $20,500