1) Walt is evaluating a real estate investment that will provide the following cash
flows at the end of each of the following years: year 1, $12,500; year 2, $10,000;
year 3, $7,500; year 4, $5,000; year 5, $2,500; year 6, $0; and year
KEY STOKES TO
CLEAR THE TVM MEMORY: 2nd FV (to get to yellow CLR TVM)
Always clear the memory before you start a new calculation. If you dont do it, you may
get wrong results.
Enter the number, key in PV
Enter the interest rate, key
REE 4956 International Real Estate, FIU Fall 2015, Prof. Eileen Cardelle
The following is a take home Midterm Exam with 20 questions on course materials
covered to date. The Midterm accounts for 50% of your course grade.
The test must be TYPED in a Word f