Question
London purchased a piece of real estate last year for $82,500. The real estateis now worth $101,200. If London needs to have a total return
London purchased a piece of real estate last year for $82,500. The real estateis now worth $101,200. If London needs to have a total return of0.22 during the year, then what is the dollar amount of income that she needed tohave to reach her objective?
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Finance Applications and Theory
Authors: Marcia Cornett
4th edition
1259691411, 978-1259691416
