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Hello can anyone please help me with this question thanks The annual income from a rented house is $26,400. The annual expenses are $7200. If

Hello can anyone please help me with this question thanks

The annual income from a rented house is $26,400. The annual expenses are $7200. If the house can be sold for $255,000 at the end of 12 years, how much could you afford to pay for it now, if you considered 8% to be a suitable interest rate

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