4-26 Determine the breakeven resale price 10 years from now of an apartment house that can be...

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4-26 Determine the breakeven resale price 10 years from now of an apartment house that can be bought today for $449,000. Its annual net income is $54,000. The owner wants a 10% annual return on her investment. Contributed by D. P. Loucks, Cornell University

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Engineering Economic Analysis

ISBN: 9780357419687

11th Edition

Authors: Donald Newnan, Ted Eschenbach, Jerome Lavelle

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