Question
A real estate broker told you that a house in your neighborhood will be worth $663,570 in 16 years. If the interest rate is 13.95%,
A real estate broker told you that a house in your neighborhood will be worth $663,570 in 16 years. If the interest rate is 13.95%, how much is it worth today? (Round to 2 decimal places.)
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Financial Management Theory And Practice
Authors: Eugene Brigham, Michael Ehrhardt, Jerome Gessaroli, Richard Nason
3rd Canadian Edition
017658305X, 978-0176583057
