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Please see attached image (1 point) Say you buy an house as an investment for 450000$ (assume that you did not need a mortgage). You
Please see attached image
(1 point) Say you buy an house as an investment for 450000$ (assume that you did not need a mortgage). You estimate that the house will increase in value continuously by 56250$ per year. At any time in the future you can sell the house and invest the money in a fund with a yearly interest rate of 6.5% compounded weekly. If you want to maximize your return, after how many years should you sell the house? Report your answer to 1 decimal place. years =Step by Step Solution
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