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Author Question: A real estate agent wants you to buy a plot of land today for $60,000 and he promises that you can ... (Read 41 times)

cookcarl

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on: Apr 25, 2021
A real estate agent wants you to buy a plot of land today for $60,000 and he promises that you can sell it back to him in 7 years for $100,000. If you can earn 9% on alternative investments, then what is the present value of the sales proceeds? Is this a worthwhile investment?
◦ $54,703.42; it is not a worthwhile investment.
◦ $54,703.42; it is a worthwhile investment.
◦ $61,294.51; it is not a worthwhile investment.
◦ $61,294.51; it is a worthwhile investment.
◦ $60,000; not enough information.
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Marked as best answer by cookcarl on Apr 25, 2021

jessofishing

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Reply #1 on: Apr 25, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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cookcarl

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Reply 2 on: Apr 25, 2021
Wow, this really help

nanny

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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