Vivian is selling a cottage property. In the original agreement to purchase, the buyers were to pay
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Vivian is selling a cottage property. In the original agreement to purchase, the buyers were to pay $325,000 on September 1, 2015. If the buyers have proposed an earlier closing date, how much should Vivian be willing to accept for the property as an equivalent payment if it closes on June 15, 2015 and she can earn 3.85% on low-risk investments? Round your answer to the nearest dollar.
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Related Book For
Fundamentals Of Business Mathematics In Canada
ISBN: 9781259370151
3rd Edition
Authors: F. Ernest Jerome, Jackie Shemko
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