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A company demands a price of $360.000 for newly completed homes and the company guarantees an annual rent of $2000 to be paid at the
A company demands a price of $360.000 for newly completed homes and the company guarantees an annual rent of $2000 to be paid at the end of each year for two years and undertakes to repurchase the house for $450.000 at the end of 2 years. Is buying this house a good investment considering the interest rate is 12%? Evaluate by showing your calculations.
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