Question
Lodh would like to buy an appartment in Sydney in 6 years. He is looking to invest $105,000 today in a share that is expected
Lodh would like to buy an appartment in Sydney in 6 years. He is looking to invest $105,000 today in a share that is expected to earn a return of 12.5% annually. How much will he have at the end of 6 years? (Round to the nearest dollar.)
A.
$157,350
B.
$212,865
C.
$189,681
D.
$223,774
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The Principles Of Project Finance
Authors: Rod Morrison
1st Edition
1409439828, 9781409439820
