Question
A rental property has an annual income of $26,400 and annual expenses of $7,200. If the property can be sold for $255,000 at the end
A rental property has an annual income of $26,400 and annual expenses of $7,200. If the property can be sold for $255,000 at the end of the 12 years and i=8%, how much should you be willing to pay for it now?
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Engineering Economic Analysis
Authors: Donald Newnan, Ted Eschanbach, Jerome Lavelle
9th Edition
978-0195168075, 9780195168075
