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| Teaching Since: | May 2017 |
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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Vidhi is investing in some rental property in Collegeville and is investigating her income from the investment. She knows the rental revenue will increase each year, but so will the maintenance expenses. She has been able to generate the data that follows regarding this investment opportunity. Assume that all cash ?ows occur at the end of each year and that the purchase and sale of this property are not relevant to the study. If Vidhi’s MARR=6 % peryear, what is the FW of Vidhi’s projected net income?Year Revenue Year Expenses 1 $6,000 1 $3,1002 6,200 2 3,300 3 6,300 3 3,500 4 6,400 4 3,7005 6,500 5 3,9006 6,600 6 6,100 7 6,700 7 4,300 8 6,800 8 4,500 9 6,900 9 4,70010 7,000 10 4,900
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