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An investor has invested $250,000 in a new rental property. Her estimated annual costs are $6,000 and annual revenues are $20,000. What rate of return per year will the investor make over a 30-year period ignoring the salvage value? Hint: You need newton’s method to solve this problem.
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An investor has invested $250,000 in a new rental property. Her estimated annual costs are $6,000 an...
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