HW1_Fall_2007

HW1_Fall_2007 - Real Estate 306: Real Estate Process, Fall...

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Real Estate 306: Real Estate Process, Fall 2007 Assignment 1 Name:____________________________ (Due October 5th @ 2:45 pm) Student ID#:_______________________ This assignment is due by 2:45 p.m. on Friday, October 5th, 2007 uploaded to the course website . Please label your files Lastname_Firstname_Name of Your TA . You must show all work or assumptions used to receive full credit on the assignment. Use four decimal places on your calculator, but round to the nearest dollar. Round interest rates, cap rates and IRR out to two decimal places (ex. 9.46%). ______________________________________________________________________________ You will lose credit on the homework if your file is not named appropriately with your name and your TAs name!!!
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____________________________________________________________________________ This assignment is due by 2:45 p.m . on Friday, October 5 th uploaded to the course website. NOTE: For calculator problems, please write down what you entered in each cell. For example, you might enter: PV = 1000 PMT = -25 i = 8% n = 20 Solve for FV = xxx _____________________________________________________________________________ 1) Future Value a) You deposit $30,000 into a bank today. The interest rate is 9% compounded annually. What is
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HW1_Fall_2007 - Real Estate 306: Real Estate Process, Fall...

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