Question
(without using excel function) To purchase land for an industrial site, a company agrees to pay $20,000 down and $10,000 at the end of every
(without using excel function) To purchase land for an industrial site, a company agrees to pay $20,000 down and $10,000
at the end of every six-month period for 10 years. If the interest rate is 10% compounded
semiannually, what is the corresponding cash value of the land?
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Real Estate Investment Strategies Structures Decisions
Authors: David Hartzell, Andrew E. Baum
2nd Edition
1119526094, 978-1119526094
