London purchased a piece of real estate last year for 85000, Ask an Expert

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London purchased a piece of real estate last year for $85,000. The real estate is now worth $103,500. If London needs to have a total return of 0.20 during the year, then what is the dollar amount of income that she needed to have to reach her objective?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91548513

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