Q: Sheila sold a parcel of land to James for RM12500.
The terms of the agreement state that James is to pay RM50000 up front and RM37500 each year for two years.
Sheila believes that the prevailing interest rate is 8% per annum.
Compute that real purchase price of the land.
发表于 1-4-2009 12:12 AM
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