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Fundamentals of Engineering Economics 3rd Edition by Chan Park
Edition 3ISBN: 978-0132775427Fundamentals of Engineering Economics 3rd Edition by Chan Park
Edition 3ISBN: 978-0132775427 Exercise 2
You purchased a piece of property at $360,000 five years ago. You can sell the property at $450,000. What is the rate of return on this real estate investment?
Explanation
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Given information:
• A property is purc...
Fundamentals of Engineering Economics 3rd Edition by Chan Park
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