How much could afford to pay for it now for interest rate, Microeconomics

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How much could afford to pay for it now for interest rate

The annual income from a rented office building is $14,000. The annual expenses are $4,000. If the building can be sold for $150,000 at the end of ten years, how much could you afford to pay for it now, if you considered 9.5% to be a suitable interest rate.

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Microeconomics: How much could afford to pay for it now for interest rate

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Request for Solution File

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Microeconomics: How much could afford to pay for it now for interest rate

Reference No:- TGS063053

Have a Question? (oR Write a Review)

Recent Questions Asked Microeconomics

Q : Distinguish multiplier in closed-mixed open private economy

Q : Determine the profit-loss on customer

Q : Incident or character compare with edna''s emotional

Q : What method will you use to avoid this error

Q : How much could afford to pay for it now for interest rate

Q : Why does the aggregate demand curve slope downward

Q : Determine the unemployment taxes (futa and suta)

Q : Noncontrolling interest share of sparis net income

Q : Providing a good environment and support

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Request for Solution File

Ask an Expert for Answer!!

Microeconomics: How much could afford to pay for it now for interest rate

Reference No:- TGS063053

Recent Questions Asked Microeconomics

Q : Distinguish multiplier in closed-mixed open private economy

Q : Determine the profit-loss on customer

Q : Incident or character compare with edna''s emotional

Q : What method will you use to avoid this error

Q : How much could afford to pay for it now for interest rate

Q : Why does the aggregate demand curve slope downward

Q : Determine the unemployment taxes (futa and suta)

Q : Noncontrolling interest share of sparis net income

Q : Providing a good environment and support

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