What would be the value of her property in the market

Reference no: EM132738376

Questions -

Q1. Your RRSP savings of $35,000 are converted to a RRIF at 4.46% compounded monthly that pays $5,200 at the beginning of every month. After how many payments will the fund be depleted?

Q2. Nicole was receiving rental payments of $4,000 at the beginning of every month from the tenants of her commercial property. What would be the value of her property in the market if she wants to sell it, assuming a market capitalization rate of 6.50% compounded annually?

Reference no: EM132738376

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