You can buy a property today for $465,000 and sell it in 10 years for $700,000. You will not earn any rental income on the property. Answer the following questions. a.) If the interest rate is 5%, what is the present value of the sales price? (3 pts) b.) Is this a good investment for you? Explain your answer (3 pts) c.) If the interest rate is 5%, what is the present value of the sales price if you also earned $24,000 in rental income each year? (4 pts) For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph V Arial 14px > < EAVI ... 0 WORDS POWERED BY TINY