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Posted on Jul 28, 2024

You just purchased a parcel of land for $ 7 5 0 0 0 . If you expect to earn a 7 % annual rate

You just purchased a parcel of land for $

75000 .

If you expect to earn a

7 %

annual rate of return on it

,

how much do you expect to be able to sell it for in

10

years?

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