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ANSWERS ARE GIVEN!! PLEASE GIVE EXCEL EQUATION TO FIND A Real Estate Investor is considering the purchase of an apartment building. The investor estimates the

ANSWERS ARE GIVEN!! PLEASE GIVE EXCEL EQUATION TO FIND

  1. A Real Estate Investor is considering the purchase of an apartment building. The investor estimates the current value at $750,000. If the market price appreciates at 5.5 percent annually, what will be the price of the unit at the end of 10 years?

FV = $1,281,108.34

  1. Suppose you were selling your home. A buyer has offered to pay you $175,000 in 4 years. What is the value today of the payment received in 4 years, given your required rate of return is 8 percent?

PV = $128,630.22

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