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Alisha is considering buying a house while she is at University. She plans to live in the house and also rent to her friends. The
Alisha is considering buying a house while she is at University. She plans to live in the house and also rent to her friends. The house will cost $ to purchase and it has bedrooms she can rent She will pay cash for the house! She estimates that she can earn $ per year in rental income. She estimates that her expenses will be $ per year. At the end of years she estimates that she will be able to sell the house for $ If she uses a MARR of compounded monthly, what is the present worth of her investment plan?
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