🎓 Academic Pa help naman po math eh

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MiaaMaseki

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Q8) You buy a unit in Berala for $325,000 and expect to get a return on investment of 7.15 % p.a. You sign a contract with your tenant for a fixed net rent of $420 per fortnight. How many years should you hold the property if you expect to resell it for $472,000?

Answer: 8.6408 years

Bakit po sya naging 8.6408 years

Thankyou. Need po solution. Thanks
 
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