Write -1.12 as a fraction or mixed number in simplest form
1 answer:
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Answer:
P = $ 211,897
Step-by-step explanation:
Given data:
annual rent of $225,000
interest rate 6% = 0.06
compounded yearly = t =1 yr
total amount ic calculated as
where P is capital value
plugging all value to get capital value
P = $ 211,897