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bernie2981 bernie2981
wrote...
Posts: 3810
8 years ago
(Present value tables required) Income from an apartment building you own totals $260,000 per year. You plan on selling the building and retiring to France in 12 years. Assuming you can invest the income from the building each year at 3%, how much money will you have on which to retire?
A) $3,689,920
B) $2,558,040
C) $3,330,080
D) $4,060,680
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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nucleinuclei
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Top Poster
Posts: 2158
8 years ago
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hnbrooks,  112jgold

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bernie2981 Author
wrote...

8 years ago
Smart ... Thanks!
wrote...

Yesterday
Good timing, thanks!
wrote...

2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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