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Please use excel for this . An investor has 5 0 , 0 0 0 in a bank account at 6 % interest compounded annually
Please use excel for this An investor has in a bank account at interest compounded annually
the investor can use this sum to pay for the purchase of a plot of land. The investor
expects that in years they will be able to sell the land for During the year
period, property taxes and insurance are estimated to be $ per year. Should the
investor make the purchase? Use rate of return analysis and verify your conclusion with
a future value analysis.
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