At a time when the annual interest rate is 15%, the construction firm a campaign and started to sell houses with a maturity of 175 months and monthly installments of 2500 TL. It In addition to the installments, the down payment is 200000 TL, and the payment in the 40th and 120th months 80000 TL are available. What is the current value of the house in the light of this information? (not in excel please)
At a time when the annual interest rate is 15%, the construction firm a campaign and started to sell houses with a maturity of 175 months and monthly installments of 2500 TL. It In addition to the installments, the down payment is 200000 TL, and the payment in the 40th and 120th months 80000 TL are available. What is the current value of the house in the light of this information? (not in excel please)
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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At a time when the annual interest rate is 15%, the construction firm a campaign and started to sell houses with a maturity of 175 months and monthly installments of 2500 TL. It In addition to the installments, the down payment is 200000 TL, and the payment in the 40th and 120th months 80000 TL are available. What is the current value of the house in the light of this information? (not in excel please)
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