Suppose you own a house that you are renting out to a group of college students for the 10 month academic year. You are charging $1,473 per month in rent. You will collect the first rent payment today and then on the 1st of the month each month thereafter. What is the value of this investment opportunity to you today if you could reinvest your income a a rate of 6% ? Answer should be formatted as a dollar amount rounded to the nearest cent. You purchase a property for $237,206. How much do you expect the property to be worth after 7 years if the annual rate of price appreciation is 6.57% per year? Answer should be formatted as a dollar amount rounded to the nearest cent. An investor just purchased an office building for $102,871. He knows for certain that he can sell the building for $122,243 in 6 years. Approximately how much does he need to charge in annual rent in order to achieve a 17% annual return on the deal? Answer should be formatted as a dollar amount rounded to the nearest cent