London purchased a piece of real estate last year for $85,000. The real estateis now worth $100,000.
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Question:
London purchased a piece of real estate last year for $85,000. The real estateis now worth $100,000. If London needs to have a total return of0.24 during the year, then what is the dollar amount of income that she needed tohave to reach her objective? Round to two decimal places
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