Homework Answers
Present equivalent of rental income = 1350* (P/A, 8%,12) - 60 * (P/G, 8%,12)
= 1350* 7.536078 - 60 * 34.633911
= 8095.67
= 8096 (Nearest Dollar)
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Suppose that annual income from a rental property is expected to start at $1,350 per year...
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Please answer C and D. If a nominal interest rate of 8% is compounded continuously, determine...
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ANSWERS A AND B ARE CORRECT. I need answers to C and D. This is my...
ANSWERS A AND B ARE CORRECT. I need answers to C and D. This is
my second time posting this question and getting wrong answers on
here. Please don't solve unless answer is correct. Thanks.
If a nominal interest rate of 8% is compounded continuously, determine the unknown quantity in each of the following situations: a. What uniform EOY amount for 9 years is equivalent to $7,000 at EOY 9? b. What is the present equivalent value of $900 per...
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Please answer C and D.
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ANSWERS A AND B ARE CORRECT. I need answers to C and D. This is
my second time posting this question and getting wrong answers on
here. Please don't solve unless answer is correct. Thanks.
If a nominal interest rate of 8% is compounded continuously, determine the unknown quantity in each of the following situations: a. What uniform EOY amount for 9 years is equivalent to $7,000 at EOY 9? b. What is the present equivalent value of $900 per...
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