Question
Please help me study for a test by answering this question and showing what work/formulas used. Thanks! Forty acres of land is valued at $214,800.
Please help me study for a test by answering this question and showing what work/formulas used. Thanks!
Forty acres of land is valued at $214,800. Heather purchased this land for $39,700. How long has she owned this land if the price of the land has been increasing at 9.5 percent per year?
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Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Gordon Roberts, Hamdi Driss
8th Canadian Edition
01259270114, 9781259270116
