For a 669-unit property with an annual turnover rate of 47.5%, how many units moved out?

To find the number of units that moved out of a 669-unit property with an annual turnover rate of 47.5%, you can use the following formula:

Number of units moved out = Total units × Turnover rate

In this case:

Number of units moved out = 669 × 0.475 (converting the percentage to a decimal)

Doing the multiplication:

Number of units moved out = 669 × 0.475 = 317.775

Since the number of units must be a whole number, you would round this figure to the nearest whole number, which is approximately 318. Therefore, the correct answer indicates that approximately 318 units moved out during the year given the specified turnover rate.

This confirms that the calculation and application of the turnover rate to the total number of units are crucial in determining the correct figure for the number of units that vacated.