A piece of property is purchased for $10,000 and yields a $1000 yearly net profit. The property

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A piece of property is purchased for $10,000 and yields a $1000 yearly net profit. The property is sold after 5 years. What is its minimum price to breakeven with interest at 1O%?

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Engineering Economics Analysis

ISBN: 9780195168075

9th Edition

Authors: Ted G. Feller

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Question Posted: Feb 25, 2010 06:14 AM

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A piece of property is purchased for $10,000 and yields a $1000 yearly net profit. The property

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Engineering Economics Analysis

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