=+c. The houses estimated current value is $400,000 (and your real estate agent assures you that homes
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=+c. The house’s estimated current value is $400,000 (and your real estate agent assures you that homes are appreciating at the same rate as the interest rate). Should the owner accept your deal if the interest rate is 10%? What if it is 5%?
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Related Book For
Microeconomics An Intuitive Approach With Calculus
ISBN: 9781337335652,9781337027632
2nd Edition
Authors: Thomas Nechyba
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