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Engineering, 18.12.2019 20:31 naiomireyes74p2aybs
Sally seashell bought a lot at the salty sea for $50,000 cash. she does not plan to build on the lot, but instead will hold it as an investment for 25 years. she wants a 10% after-tax rate of return after taking the 6% annual inflation rate into account. if income taxes amount to 15% of the capital gain, at what price must she sell the lot at the end of the 10 years?
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Sally seashell bought a lot at the salty sea for $50,000 cash. she does not plan to build on the lot...
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