Business, 01.02.2021 23:40 jessicascott120305
It is reported that a 99-year license to use a parking spot at 42 Crosby in New York City is priced at $1 million. The licensee will have to cease using the parking spot thereafter. If the interest rate is fixed at 0.5% per month for the next 99 years, what is the fixed monthly payment on an equivalent 99-year mortgage to finance this purchase
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It is reported that a 99-year license to use a parking spot at 42 Crosby in New York City is priced...
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