1:A real estate investor has purchased aproperty for $149748. If they require a return of 11.82%, how

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1:A real estate investor has purchased aproperty for $149748. If they require a return of 11.82%,

how much must they sell the asset for in 8 years?

2:If you have $495 today and you think you can earn an interest rate of 6% per year,

how many years until you have $928?

Related Book For answer-question

Quantitative Methods for Business

ISBN: 978-0324651751

11th Edition

Authors: David Anderson, Dennis Sweeney, Thomas Williams, Jeffrey cam

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Posted Date: Apr 18, 2023 03:20 AM

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1:A real estate investor has purchased aproperty for $149748. If they require a return of 11.82%, how

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To calculate the selling price of the asset in 8 years you can use the future value formula Futur... View the full answer

Quantitative Methods for Business

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