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You have agreed to purchase a piece of real estate today for $350,000

Question # 00617891
Subject: Finance
Due on: 11/14/2017
Posted On: 11/14/2017 06:24 AM

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You have agreed to purchase a piece of real estate today for $350,000. You expect to hold the property for five years, and then sell it. You expect the property to increase in value 11 percent per year, compounded annually. For how much should you be able to sell the property in five years?

Tags today 0 estate real purchase piece agreed property expect years sell increase value year able annually compounded percent agreed real piece estate today hold 0 purchase

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You have agreed to purchase a piece of real estate today for $350,000

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Posted On: 11/14/2017 06:25 AM
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