Question
Assume you just invested $130,000 in a high-rise condo venture in downtown Austin, one of the top th hottest real estate markets in the country.
Assume you just invested $130,000 in a high-rise condo venture in downtown Austin, one of the top th hottest real estate markets in the country. The developers promise a rate of return of 21% per year for as long as you have your money invested.
(a) How much interest will you receive at the end of 1 year,
(b) what is the total amount you will have after 1 year?
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a interest for 1 year 27300 b Total amount after ...
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Management
Authors: Ricky W. Griffin
11th edition
111196971X, 978-1111969714
