Assume your company decides to invest $8,675 in the first year (at time 1) and continue to invest for a total of ten years (last deposit at year 10), increasing each annual investment by 10% of the previous year, in a Real Estate Investment Trust (REIT) which returns 3.09% every3 months. How much is this investment worth in 5 years, 10 years and 15 years? (Show your cash flows to help organize this problem)
Get Answers For Free
Most questions answered within 1 hours.