John plans to purchase a building that will give him a


(Please Show Steps and how it is done on a financial calculator) John plans to purchase a building that will give him a profit of 2,000 a year for 20 years. John plans to sell the building in 3 years. Assuming the rate of return is 10% and the building's cost is $15,000. A) How much can John receive from selling his building at the end of year 3? B) What is the NPV of buying and selling it in 3 years?

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Financial Management: John plans to purchase a building that will give him a
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