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Real Estate Principles 3rd Edition by David Ling,Wayne Archer
Edition 3ISBN: 978-0073377322Real Estate Principles 3rd Edition by David Ling,Wayne Archer
Edition 3ISBN: 978-0073377322 Exercise 26
How much would you pay today to receive $50 in one year and $60 in the second year if you can earn 15 percent interest on alternative investments of similar risk
A) $88.85.
B) $89.41.
C) $98.43.
D) $107.91.
E) $110.00.
A) $88.85.
B) $89.41.
C) $98.43.
D) $107.91.
E) $110.00.
Explanation
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Calculate the present value to earn $5...
Real Estate Principles 3rd Edition by David Ling,Wayne Archer
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