A realtor buys a house for $200,000 and spends $1,000 per yr on maintenance for the next
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A realtor buys a house for $200,000 and spends $1,000 per yr on maintenance for the next 8 yr. For how much should she sell the property to make a profit of $40,000? Assume i = 12% per annum.
Related Book For
Macroeconomics
ISBN: 978-0321675606
6th Canadian Edition
Authors: Andrew B. Abel, Ben S. Bernanke, Dean Croushore, Ronald D. Kneebone
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