Draw the cash flow diagram for the following statements: $70K Purchase price with 20% down ($14K) Monthly

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Draw the cash flow diagram for the following statements:

•$70K Purchase price with 20% down ($14K)

•Monthly expenses (utilities, maintenance, insurance, etc..) = $200

•Monthly P&I = $345 (starts in two months)

•Rental income = $750 (starting in 5 months)

•Expect to sell in a few years at a net profit of $50K

Related Book For answer-question

Engineering Economy

ISBN: 978-0073523439

8th edition

Authors: Leland T. Blank,Anthony Tarquin

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Posted Date: Sep 30, 2020 05:45 PM

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Draw the cash flow diagram for the following statements: $70K Purchase price with 20% down ($14K) Monthly

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Engineering Economy

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