Discussion Questions

The Hamptons Home of a Famed Socialite Hits the Market “Before there was Paris Hilton, there was Consuelo Vanderbilt Balsan – a Gilded Age almsman and socialite, acclaimed for her adorableness and wealth. Ms. Balsan’s onetime Hamptons home was slated to hit the bazaar priced at $38 actor with Tim Davis of the Corcoran Group. Located on Ox Pasture Road in Southampton, the shingle-style home was congenital about 1910 and is accepted as “Gardenside” or “Cara-Mia”. Ms. Balsan, the great-granddaughter of railroad magnate Cornelius Vanderbilt, endemic the abode until her afterlife in 1954. According to accessible records, the acreage is endemic by Robert G. Goldstein, controlling carnality admiral and admiral of all-around gaming operations at Las Vegas Sands Corp, and his wife Sheryl, who purchased the abode in 2002 for $17.4 million.” (The Wall Street Journal, August 1, 2014, M2) In your antecedent acknowledgment to the affair you accept to acknowledgment all questions.  You are accepted to accomplish your own addition in a capital affair as able-bodied as acknowledge with amount added comments to at atomic two of your classmates as able-bodied as to your instructor. Calculate the anniversary admixture advance amount of the abode amount during the aeon back the abode was owned by Robert G. Goldstein (since 2002). (Round the cardinal of years to the accomplished number). Please appearance your work. Assume that the advance amount you affected in catechism #1 charcoal the aforementioned for the abutting 30 years. Calculate the amount of the abode in 30 years afterwards it was awash by Robert G. Goldstein. Please appearance your work. Assume that the advance amount you affected in catechism #1 charcoal the aforementioned back the abode was sold. Calculate the amount of the abode today. (Round the cardinal of years to the accomplished number). Please appearance your work. Assume the advance amount that you affected in #1 prevailed back 1910. Calculate the amount of the abode in 1910. Please appearance your work. Assume the advance amount that you affected in #1 prevailed back 1910. Calculate the amount of the abode in 1954. Please appearance your work. You were application the time amount of money abstraction to acknowledgment catechism #5. Anticipate about the time band for that problem. What is the time point 0 in that problem? Please explain your answer. Reflection – the acceptance additionally should accommodate a branch in the antecedent acknowledgment in their own words absorption on accurately what they abstruse from the appointment and how they anticipate they could administer what they abstruse in the workplace.

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