An investor has invested $250,000 in a new rental property. Her estimated annual costs are $6,000 and annual revenues are $20,000. What rate of return per year will the investor make over a 30-year period ignoring the salvage value? Hint: You need newton’s method to solve this problem.
Answers: 2
Other questions on the subject: Business
Business, 22.06.2019 02:30, kseniyayakimno
Luc do purchased stocks for $6,000. he paid $4,000 in cash and borrowed $2,000 from the brokerage firm. he bought 100 shares at $60.00 per share ($6,000 total). the loan has an annual interest rate of 8 percent. six months later, luc do sold the stock for $65 per share. he paid a commission of $120 and repaid the loan. his net profit was how much? pls
Answers: 3
Do you know the correct answer?
An investor has invested $250,000 in a new rental property. Her estimated annual costs are $6,000 an...
Questions in other subjects:
Biology, 01.08.2019 03:30
