Question
London purchased a piece of real estate last year for $84,500. The real estate is now worth $104,000. If London needs to have a total
London purchased a piece of real estate last year for $84,500. The real estate is now worth $104,000. If London needs to have a total return of 0.20 during the year, then what is the dollar amount of income that she needed to have to reach her objective?
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Money Banking And Financial Markets
Authors: Stephen G. Cecchetti
1st Edition
0072452692, 9780072452693
