Question: BB - Graded Remaining Time: 78:10:01 Suppose a condo generates $18,000 in cash flows in the first year. If the cash flows grow at 2.
BB - Graded Remaining Time: 78:10:01 Suppose a condo generates $18,000 in cash flows in the first year. If the cash flows grow at 2. per year, the interest rate is 10%, and the building will be sold at the end of 21 years with a value of $65.000, what is the present value of the condo's cash flow? Enter your response below rounded to 2 decimal places). Number
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