Question
Consider a property with a gross rental income of $77259 per annum and operating expenses of $24211 per annum, and a required rate of return
Consider a property with a gross rental income of $77259 per annum and operating expenses of $24211 per annum, and a required rate of return of 7.53%. What is the estimated value of this property?
You need to borrow $300,000 to buy a new home. If the interest rate is 8.9% per annum and you wish to pay off your loan over 15 years, how much will your fortnightly (every two weeks) mortgage payment be?
What is the value of a $1000 bond if the investors' required rate of return is 8.2%, and it has 13 years until maturity? The coupon rate is 7%.
Your sister, who is 6 years old, just received a trust fund that will be worth $25,000 when she is 21 years old. If the fund earns 10 percent compounded annually, what is the value of the fund today?
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