Question: 10) Nabil is considering buying a house while he is at university. The house costs $200 000 today. Renting out part of the house and

10) Nabil is considering buying a house while he is at

10) Nabil is considering buying a house while he is at university. The house costs $200 000 today. Renting out part of the house and living in the rest over his five years at school will net, after expenses, $2000 per month. He estimates that he will sell the house after five years for $210 000. if Nabil's MARR is 6 percent compounded monthly, should he buy the house? Use annual worth

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