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= Homework: Chapter 4 Homework Question 4, Problem 4- Part 1 of 2 Suppose that annual income from a rental property is expected to start at $1,300 per year and decrease at a uniform amount of $35 ea 9% per year. Is this a good investment? Assume that the investment occurs at time zero (now) and that the annual income is first recei Click the icon to view the interest and annuity table for discrete compounding when i = 9% per year. The present equivalent of the rental income equals $(Round to the nearest dollar.) estion 4, Problem 4-7... HW Score: 60%, 3 of 5 points Points: 0 of 1 Save Part 1 of 2 uniform amount of $35 each year after the first year for the 17-year expected life of the property. The investment cost is $8,600, and is anual income is first received at EOY one