Question
You, the investor, pays $250,000 today to buy 3 acres of land for an entertainment center development. The assessors office lists the value of the
You, the investor, pays $250,000 today to buy 3 acres of land for an entertainment center development. The assessors office lists the value of the land as $225,000. You, the investor, are expecting an increase in value by 12% per year. What will the investment be worth at the end of the ninth year?
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Advanced Finance
Authors: Michael Fardon
1st Edition
1872962319, 1872962173, 978-1872962313, 978-1872962177
