Beelzebub is considering purchasing some land. He believes the value of the land will be $600,000 in
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Beelzebub is considering purchasing some land. He believes the value of the land will be $600,000 in five years. The land is expected to increase in value at an annual rate of 8.5% annually. How much should the red tailed, pitch fork carrying man pay for this land today?
Related Book For
Real Estate Finance and Investments
ISBN: 978-0073377339
14th edition
Authors: William Brueggeman, Jeffrey Fisher
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