Business, 20.09.2020 06:01, issacurlyheadka
You can buy property today for $2.5 million and sell it in 7 years for $3.5 million. (You earn no rental income on the property.) a. If the interest rate is 7%, what is the present value of the sales price? (Do not round intermediate calculations. Enter your answer in millions rounded to 3 decimal places.)
Answers: 3
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You can buy property today for $2.5 million and sell it in 7 years for $3.5 million. (You earn no re...
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