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Given the following information, calculate the net operating income assuming below-line treatment of capital expenditures. Property: 4 office units, Contract Rents per unit: $2500 per month, Vacancy and collection losses: 15%, Operating Expenses: $42,000, Capital Expenditures: 10%:
P(B | A)
The probability of event B occurring given that event A has already occurred, a concept in conditional probability.
P(A ∪ B)
The probability of the occurrence of at least one of two events, A or B, including the case where both events occur simultaneously.
Union Of Events
The set of outcomes that belong to either one or both of two or more events in probability theory.
Sample Points
Sample points are specific values or instances selected from a population or a set, which represent a portion of the population for analysis.
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