Question
Property: 17 Toohey Drive, Warrnambool, Vic 3280 Task: Using the time value of money calculations and the expected rates of annual capital growth for the
Property: 17 Toohey Drive, Warrnambool, Vic 3280
Task: Using the time value of money calculations and the expected rates of annual capital growth for the area , calculate the expected future value of the property in 5-years and 10-years from now.
Sold at: $530,000
USE FORMULA:
FV = PV(1+i)^n
Resource to see the property:
https://www.realestate.com.au/property-house-vic-warrnambool-140321079
Please provide full workings and explain why you chose the expected interest rate
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MGMT Principles Of Management
Authors: Chuck Williams
11th Edition
133740747X, 9781337407472
