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David purchased a warehouse property for $612,000 that they are going to lease to several businesses, including a computer repair business. The property provides a

image text in transcribed David purchased a warehouse property for $612,000 that they are going to lease to several businesses, including a computer repair business. The property provides a net income of $3700 at the beginning of every month. What is the monthly compounded annual yield (interest rate) earned by the property? David purchased a warehouse property for $612,000 that they are going to lease to several businesses, including a computer repair business. The property provides a net income of $3700 at the beginning of every month. What is the monthly compounded annual yield (interest rate) earned by the property

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