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What is the dollar amount of income

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Jill purchased a piece of real estate one year ago for $620,000. The real estate is now worth $670,000. If Jill needs to have a total return of 11.8 per cent during the year, then what is the dollar amount of income that she needed to have to reach her objective? (to the nearest dollar; don't use $ sign or commas)

Reference no: EM132529291

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