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Future value Jackson Enterprises has just spor $230,000 to purchase and for a future beachfront property development project that will include rental cabins, lodon, and

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Future value Jackson Enterprises has just spor $230,000 to purchase and for a future beachfront property development project that will include rental cabins, lodon, and recreational facilities. Jackson Enterprises has not committed to the development project, but will decide in five years whether to go forward with the project or sell off the land Real estate values increase annually at 5% for unimproved property in this wa For how much can Jackson Enterprises expect to sell the property in five years if it choose not to proceed with the beach front development project? What it Jackson Enterprises holds the property for ten years and then soll? For how much ean Jackson Enterprises expect to sell the property in five years if it chooses not to proceed with the beach front development project (Round to the newest cent)

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