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Science-Related Homework Help Mathematics Topic started by: majarm on Nov 27, 2017



Title: A rental property provides a monthly income of $1472.00 due at the beginning of every month. What is ...
Post by: majarm on Nov 27, 2017
A rental property provides a monthly income of $1472.00 due at the beginning of every month. What is the cash value of the property if money is worth 7.32% compounded monthly?


Title: Re: A rental property provides a monthly income of $1472.00 due at the beginning of every month. ...
Post by: rmaccara on Nov 27, 2017
PV(due) = 1472.00 +   = 1472.00 + 241311.48 = $242 783.48