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How to use financial calculator to solve question

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Reference no: EM133046981

You buy a townhouse in Penrith for $850,000 and expect to get a return on investment of 6.5% p.a effective.

You sign a contract with your tenant for a fixed net rent of $1100 per fortnight in arrear. How many years should you hold the property if you expect to resell it for $950,000?

How to use financial calculator to solve this question

Reference no: EM133046981

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