3) A construction company demands a price of 360,000 TL for newly completed houses. In addition,...
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3) A construction company demands a price of 360,000 TL for newly completed houses. In addition, it guarantees an annual rent of 2000 TL to be paid at the end of each year for two years and undertakes to repurchase the house for 450,000 TL at the end of 2 years. Is buying this house a good investment considering the interest rate is 12%? Evaluate by showing your calculations. 3) A construction company demands a price of 360,000 TL for newly completed houses. In addition, it guarantees an annual rent of 2000 TL to be paid at the end of each year for two years and undertakes to repurchase the house for 450,000 TL at the end of 2 years. Is buying this house a good investment considering the interest rate is 12%? Evaluate by showing your calculations.
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