A real estate company expects to earn $100M on a project they plan to invest in. if the company decides to invest a quarter of that sum now, how much will they have earned in 18 periods at a rate of 9%? O a. 118 million O b. 471 million O c. 100 million O d. 443 million

Microeconomic Theory
12th Edition
ISBN:9781337517942
Author:NICHOLSON
Publisher:NICHOLSON
Chapter17: Capital And Time
Section: Chapter Questions
Problem 17.7P
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A real estate company expects to earn $100M on a project they plan to invest in, if the company decides to invest a quarter of that sum now,
how much will they have earned in 18 periods at a rate of 9%?
O a. 118 million
O b. 471 million
О с. 100 million
O d. 443 million
Transcribed Image Text:A real estate company expects to earn $100M on a project they plan to invest in, if the company decides to invest a quarter of that sum now, how much will they have earned in 18 periods at a rate of 9%? O a. 118 million O b. 471 million О с. 100 million O d. 443 million
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