Question: Suppose a developer is interested in building a new apartment community. The developer s market research has determined that the target market segment potential in
Suppose a developer is interested in building a new apartment community. The developers market research has determined that the target market segment potential in year consists of households. The developer believes that the target market segment potential will grow by annually over the next five years. If the developer projects a capture rate of for each of the next five years, how many units does the developer plan on selling by the end of year
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