Midterm Exam 1 - Wayne State University - How big is 40 square feet

Suppose that there are 50 houses in the community with 2,000 square feet (ordinarily renting for $8,000 per year), and another 150 houses in the community with 3,000 square feet (ordinarily renting for $12,000 per year). The interest rate is 4% and with proper … ................
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