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A shopping center costing $2,000,000 will have an estimated net annual income of $200,000. In 10 years it is estimated the center can be sold
A shopping center costing $2,000,000 will have an estimated net annual income of $200,000. In 10 years it is estimated the center can be sold for $3,500,000. If the interest is 9%, which one is the future worth of this project? Use the tables below.
i = 9%, P/F P/A A/F A/P F/P F/A n 0.91743 0.9174 1.00000 1.09000 1.0900 1.0000 == 1 n 0.42241 6.4176 0.06582 0.15582 2.3673 15.192 = 10 3,831,656 3,500,000 - 461,600 None of the above O 1,803,8000
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