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12. Clara Teague buys a house for rental purposes for $115,800 with a $25,000 down payment. Her annual expenses total $12,430. What monthly rent

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12. Clara Teague buys a house for rental purposes for $115,800 with a $25,000 down payment. Her annual expenses total $12,430. What monthly rent should she charge if she desires an annual yield of 8.00%? CHALLENGE PROBLEM Tim Smith invests $2.500.000 in a prime seaside

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