Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Your real estate manager likes to busy ancestment properties which he beeps at competitive prices and than trade it few years later. He just gob

image text in transcribed

Your real estate manager likes to busy ancestment properties which he beeps at competitive prices and than trade it few years later. He just gob two offers for free of his trade properties. The fast offer is $390,00 for which he paid $50,000 down payment and Carrie An annual maintenance expense of f 2500. The second offer for the Second property is $450,000 which had a downpayment of $80,000 and maintenance Cost per year is only $1500, from his experience he knows the life time of the fust property is about 50 years and the and property is 75 years. He calarits to know which one he Should Sale now out of the two e cuants to keep one and Sale one. To get started, check at the bank and finds the rate of Onterest is 10% f fe creants to know the following anformation 1) How many Cycle there be for the est property and how many for the and property 2 what is the Pw of down payment of dit property as well of the and property? 3) what are the total bolculated Puola lach property? Your real estate manager likes to busy ancestment properties which he beeps at competitive prices and than trade it few years later. He just gob two offers for free of his trade properties. The fast offer is $390,00 for which he paid $50,000 down payment and Carrie An annual maintenance expense of f 2500. The second offer for the Second property is $450,000 which had a downpayment of $80,000 and maintenance Cost per year is only $1500, from his experience he knows the life time of the fust property is about 50 years and the and property is 75 years. He calarits to know which one he Should Sale now out of the two e cuants to keep one and Sale one. To get started, check at the bank and finds the rate of Onterest is 10% f fe creants to know the following anformation 1) How many Cycle there be for the est property and how many for the and property 2 what is the Pw of down payment of dit property as well of the and property? 3) what are the total bolculated Puola lach property

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

QFinance The Ultimate Resource

Authors: Various Authors

1st Edition

1849300003, 978-1849300001

More Books

Students also viewed these Finance questions

Question

=+Is the humor appropriate for the audience?

Answered: 1 week ago