Question: Please work with all formulas, work, and fractions written out I am considering selling my current home through an owner financed arrangement. I have been

Please work with all formulas, work, and fractions written out

$Please work with all formulas, work, and fractions written out I am$

I am considering selling my current home through an owner financed arrangement. I have been offered $1,000 per month for 20 years with the first payment due immediately plus an additional $100,000 with the last payment. If the appropriate discount rate is 6% APR compounded monthly, then what is the equivalent cash offer for my house

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