8. 2.9 Determine the amount of money a bank will loan a developer now who repays the...
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8. 2.9 Determine the amount of money a bank will loan a developer now who repays the loan by selling seven view lots at $120,000 each 2 years from now. Assume the bank’s interest rate is 10% per year. Use
(a) the tabulated factor values in your book,
(b) TVM functions on a financial calculator, and
(c) built-in functions on a spreadsheet.
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Related Book For 
Basics Of Engineering Economy
ISBN: 9781259683312
3rd Edition
Authors: Leland T. Blank, Anthony Tarquin
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