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help fill out with only using a basic calculator Peter and John's and rental home John. Peter's heit, intends to inherit Peter's rental home in
help fill out with only using a basic calculator
Peter and John's and rental home John. Peter's heit, intends to inherit Peter's rental home in 6 years after the 6 year's rent has been paid to Peter. The rental income is $25.200 each year forever at a 11% discount rate. What is the expected value of the home in 6 years, when John inherits the home? How much might John be able to sell his claim to the home for today Step by Step Solution
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