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Time Value of Money
The time value of money is an important concept when investing in real estate. This unit covered six formulas dealing with this concept.
· Pick three of these formulas and explain why you think they are valuable in making real estate decisions.
· Please give examples of how you would use each of these in a real estate purchase.
How does the execution time of fibnum(n) depend on the execution time for fibnum(n-1) and fibnum(n-2)? Use this relationship to obtain an ap- proximate formula for the execution time of fibnum(n) as a function of n.
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