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Anne owns a house P 0 =126,247.44, PITIM= PMT + TIM= $12,000 Suppose house price grow 4.5% Suppose selling expense is 8% of P T
Anne owns a house P0=126,247.44, PITIM= PMT + TIM= $12,000
Suppose house price grow 4.5%
Suppose selling expense is 8% of PT
T= 30, B30= 0, P30= 472,836.83
How to get P30= 472,836.83? Where it's come from?
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