My grandmother just purchased a new house for ($ 500,000). She made a down payment of (50
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My grandmother just purchased a new house for \(\$ 500,000\). She made a down payment of \(50 \%\) of the negotiated price and then makes a payment of \(\$ 2,000.00\) per month for 36 months. Furthermore, she thinks that she can resell the house for \(\$ 600,000\) due to the increasing real estate bubble at the end of 3 years. Draw a cash flow for this from my grandmother's point of view.
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Related Book For
Project Management Systems Principles And Applications
ISBN: 272859
2nd Edition
Authors: Adedeji B. Badiru
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