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You have decided to invest in a warehouse that is currently being rented out for $ 3 5 , 0 0 0 per year for
You have decided to invest in a warehouse that is currently being rented out for $ per year for the next years with rent paid at the beginning of each year. After the year lease expires, you expect to be able to raise the rent by per year with annual payments at the beginning of each year for the next years. What annual rent will you be earning at the beginning of the th year to the nearest cent? Continue using the data from problem If you require an return on your investment for this warehouse, and you plan on selling the warehouse for $ at the end of the th year, what is the maximum price that you would be willing to pay for this warehouse today to the nearest cent? Do not enter $ or comma in the answer box. For example, if your answer is $ then enter as in the answer box.
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