Problem 5-Selling an asset You bought an apartment. Its market value as of today is 150 000 zt. Each year you can get 15 000 zt for renting out this apartment. In addition, each year, the market value of this apartment increases by 10 000 zł. An alternative to this investment is to buy obligations, which will give 12.5% each year. After how many years will you sell the apartment?

Problem 5-Selling an asset You bought an apartment. Its market value as of today is 150 000 zt. Each year you can get 15 000 zt for renting out this apartment. In addition, each year, the market value of this apartment increases by 10 000 zł. An alternative to this investment is to buy obligations, which will give 12.5% each year. After how many years will you sell the apartment?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Problem 5- Selling an asset
You bought an apartment. Its market value as
this apartment. In addition, each year, the market value of this apartment increases by 10 000 zł. An alternative to this
investment is to buy obligations, which will give 12.5% each year. After how many years will you sell the apartment?
today is 150 000 2t. Each year you can get 15 000 zł for renting out

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