The annual income from a rented house is $24,000.The
Chapter , Problem 5-9(choose chapter or problem)
The annual income from a rented house is $24,000.The annual expenses are $6000. If the house can besold for $245,000 at the end of 10 years, how muchcould you afford to pay for it now, if you considered9% to be a suitable interest rate?
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