Writing SampleHello Students,Your writing assignment for this course is to write a letter (1-page maximum) to your city mayor. The letter should be about an issue of concern to you such as public safety, infrastructure, etc. Please do the following:use 12-point times roman fontinclude the date of your letter at the topprovide the name, title and address of the official you are contactingwrite an introductory paragraph to the official (3-5 sentences)provide a body paragraph that includes the issue of concern to you with your thoughts, and asking the official about efforts he or she supports regarding your issue (4-5 sentences)finish by writing a concluding paragraph (3-5 sentences) followed by a closing such as: sincerely or respectfully, etc., then your first and last namePlease check your papers before submitting. I will deduct points for spelling errors and significant grammar mistakes. I have included a letter as an example for you to follow. (letter.docx) Please follow its formatting. 

You are contemplating the purchase of a property that you expect to be worth $200,000 in 5 years. Your required return is 15%. What is the maximum you would be willing to pay for the property today?

What single (lump sum) investment must be made into an account today that earns a 12-percent (annual) compound-interest in order to accumulate $100,000 at the end of 25 years?

Most appraisers would say that report writing is one of the most important functions that they perform. Assume that an appraiser is putting together a market value estimate/report for a single-family home. Which of the following reporting options would be the most commonly used in this scenario?

An investor plans to purchase a small retail shopping center. The current potential gross income is $120,000. Rental income is expected to increase by 3.5% per year over a 3-year holding period. The vacancy rate is expected to be 7%. Operating expenses are 40% of effective gross income (EGI). Capital expenditures are 4% of EGI. The vacancy rate, operating expense ratio, and capital expenditure ratio are expected to remain a constant percentage of EGI during the investment period of 3 years. Determine the current market value of the property using the direct capitalization approach, assuming the overall (“going-in) capitalization rate, RO, is 8.75%

You have been presented two opportunities: A payment of $7,500 cash today or a payment of $10,500 cash in 5 years. Assume you could invest any payment you receive today in an account that will pay 8% interest, compounded monthly, at the end of each month. Given that you want to take the opportunity that will result in the highest benefit, you would choose

Which of the following is not an operating expense associated with income producing (commercial) property?

Suppose the effective gross income of an income property is $130,875.  Vacancy and collection losses are 5% and the property’s potential gross income is $132,500. The property’s NOI is $78,525 and operating expenses are $52,350. What is the dollar amount of the miscellaneous income?

In this assignment, you will identify someone who represents you in the US Senate and gather some basic information about that person. Here are the instructions: Go to the website for the U.S. Senate (senate.gov). Under “Find Your Senators” in the top left corner, use the drop-down menu to select Texas. This will load a page listing the two U.S. senators from Texas. Choose one of them, and click into their web page. Use the page to find the following information about them. You may use additional web sources if you want. Be sure to write down the information. Educational background Profession before getting elected to the Senate How long have they been a senator All cities in Texas where they have offices A brief description of one bill they supported Just to be clear, when you’re done, you should have one list of five items with the person’s name at the top. To submit your list, either attach a Word file or type it here as a written submission.

The president’s expressed powers fall into five categories: military, judicial, diplomatic, executive, and legislative. Using sources on the Internet, find specific examples of President Biden exercising power in each of these categories. Just to be clear, you are finding five examples: one military, one judicial, one diplomatic, one executive, and one legislative. Label each example, and describe it in a sentence or two. You may submit them by attaching a Word file or by typing them here as a written submission.