The annual income from a rented house is $12,000. The annual expenses are $3000. If the house

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The annual income from a rented house is $12,000. The annual expenses are $3000. If the house can be sold for $145,000 at the end of 10 years, how much could you afford to pay for it now, if you considered 18% to be a suitable interest rate?

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Engineering Economics

ISBN: 9780195168075

9th Edition

Authors: Ted G. Feller

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Question Posted: Mar 03, 2010 10:33 AM

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The annual income from a rented house is $12,000. The annual expenses are $3000. If the house

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Engineering Economics

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