#10

A. What are the GM and AM for the following cash flows?

- Deposit of $34,000 in a money market account

-Year 1 interest = $624 so account balance is $34,624

-Year 2 balance = $35,861

-Year 3 final total withdrawal = $36,021

B. What is the IRR for the following cash flows?

-Present Cost with all transaction fees = $670,000

Year 1 NOI = $47,000

Year 2 NOI = $48,000

Year 3 NOI = $49,000

Year 3 Sales Price after all transaction fees = $680,000