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Q 5 . The annual income from a rented lease is $ 1 2 , 0 0 0 . The annual expenses are $ 3

Q5. The annual income from a rented lease is $12,000. The annual expenses are $3000. If the louse can be sold for $145,000 at the end of 10 years, how much could you afford to pay for it now, if you considered 18% to be a switable interest rate?
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