A land development company is considering the purchase of a
building for $200,000, They estimate that they will receive $35,000
at the end of each year for the next 10 years. The investment will
be worth nothing after maturity. What will be the rate of return
for the investment compounded annually?
A land development company is considering the purchase of a building for $200,000, They estimate that they will receive
-
- Site Admin
- Posts: 899603
- Joined: Mon Aug 02, 2021 8:13 am