Question
London purchased a piece of real estate last year for $85,200. The real estate is now worth $102,200. If London needs to have a total
London purchased a piece of real estate last year for $85,200. The real estate is now worth $102,200. If London needs to have a total return of 0.23 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 Cecchetti
2nd Edition
0073523097, 9780073523095
