skip to Main Content

Gen. Robert E. Lee’s Boyhood Home is for Sale The historic Virginia home that Co

GET HELP WITH YOUR ESSAY

If you need assistance with writing your essay, our professional Essay Writing Service is here to help!

ORDER THIS PAPER NOW

Gen. Robert E. Lee’s Boyhood Home is for Sale
The historic Virginia home that Confederate Gen. Robert E. Lee grew up in hit the market in April 2018 for $8.5 million. (Trapasso, C.)
Robert E. Lee’s father Henry rented the home in 1812, according to The Washington Post. The family lived there for over 80 years, including Robert E. Lee from age five to when he went to West Point in 1825. He again visited five years after the Civil War ended, The Post reported. (Leayman, E.)
The home’s other claim to fame is that President George Washington also dined and lodged there before the Lee family moved in. (Trapasso, C.)
Built in 1795, the brick house was listed on the National Register of Historic Places in 1986. (Trapasso, C.)
The home had been used as a residence until 1966. The Stonewall Jackson Memorial Foundation purchased the home and opened it to the public. Unable to make ends meet, the foundation sold the home in 2000 to Mark and Ann Kington for $2.5 million. (Trapasso, C.)
The childhood home of Robert E. Lee that was listed in April 2018 for $8.5 million dollars, was sold in July 2020. Public records show it sold for almost half the original asking price at $4.7 million. (Alexandria Living Magazine.)
References
Alexandria Living (2020, July 24). After Two Years on the Market, Robert E. Lee’s Boyhood Home Sells for $4.7 Million, from https://alexandrialivingmagazine.com/home-and-garden/after-two-years-on-the-market-robert-e-lee%E2%80%99s-boyhood-home-se/
Zap, Claudine (2019, October 4). Price of General Robert E. Lee’s boyhood home slashed to $5.6 million, from https://www.foxnews.com/real-estate/general-robert-e-lees-home-5-6-million
Trapasso, C. (2018, April 3). Own Some Civil War-Era History: Gen. Robert E. Lee’s Boyhood Home is for Sale, from https://www.realtor.com/news/unique-homes/general-robert-e-lees-boyhood-home-sale/
Leayman, E. (2019, March 26). Robert E. Lee Boyhood Home Listed for Reduced Price. Retrieved April 2, 2019, from https://patch.com/virginia/oldtownalexandria/robert-e-lee-boyhood-homes-listed-reduced-price
*****************************************************************************
In your initial response to the topic you have to answer all questions.
You are expected to make your own contribution in a main topic as well as respond with value added comments to at least two of your classmates as well as to your instructor.
1. Calculate the annual compound growth rate of the house price since the house was sold to Mark and Ann Kington (since 2000) until the house was sold in July 2020. (The growth rate should be calculated to two decimals in percentage form. Round the number of years to the whole number). Please show your work.
2. Assume that the growth rate you calculated in question #1 prevailed since Robert E. Lee’s father Henry rented the home in 1812. Calculate the price of the house in 1812. (Round the number of years to the whole number). (TIP: To get the answer correctly you need to use the price of the house in your calculations in dollars with all zeros). Please show your work.
3. You were using the time value of money concept to answer question #2. Think about the time line for that problem. What is the time point 0 in that problem? Please explain your answer.
4. Robert E. Lee lived in this house until 1825 when he went to West Point. Calculate the value of the house in 1825.Please show your work.
5. Assume the growth rate that you calculated in #1 prevailed since 1795. Calculate the price of the house in 1795. (TIP: To get the answer correctly you need to use the price of the house in your calculations in dollars with all zeros). Please show your work.
6. Assume that the growth rate you calculated in question #1 remains the same until house was listed on the National Register of Historic Places in 1986. Calculate the price of the house in 1986. (Round the number of years to the whole number). Please show your work.
7. In 2018, the listed price of the house was $8.5 million. In July 2020 the house was sold to $4.7 million. Calculate the compound rate of this reduction in price. (The rate should be calculated to two decimals. Round the number of years to the whole number). Please explain your answer.
8. Reflection – the students also should include a paragraph in the initial response in their own words reflecting on specifically what they learned from the assignment and how they think they could apply what they learned in the workplace or in everyday life.

GET HELP WITH YOUR ESSAY

If you need assistance with writing your essay, our professional Essay Writing Service is here to help!

ORDER THIS PAPER NOW

Services

Muffin tiramisu gummi bears chupa chups sweet roll muffin oat cake lollipop sweet. Icing marshmallow muffin. Marshmallow dragée pudding sesame snaps muffin. Marshmallow chocolate cake pastry jelly-o macaroon. Chocolate bar donut powder wafer powder chocolate bar soufflé bear claw. Powder jujubes sweet bear claw brownie gummies pudding halvah liquorice. Marzipan fruitcake bonbon jelly-o cheesecake.

Essay Writing

The Essay help Student suffering from the stress of doing homework do not have to worry about their school homework now.

Homework Help

Do amazing work for top clients.Create your profile and… Today’s best jobs are moving online with freelancers.

Case Study

We do case study research in which detailed consideration is given to the development of a particular person group or

Term Paper

Students come across the challenge of drafting papers which demand in-depth understanding with respect to writing style that students often lack.

Critical Thinking

Objective analysis and evaluation of an issue in order to form a judgement. this is really difficult to enforce this skill among student.

Thesis Writing

Writing a thesis is the hardest task undertaken by a student. It requires intense attentiveness, patience, and sacrifice.

Dissertation Writing

We write Long Essay on a particular subject especially on written as a requirement for the Doctor of Philosophy degree.

Report Writing

With the help of PhD writers, students are really benefited to write custom research proposal, as this save their precious time.

The Team

Wondering who’s working behind the scenes of our professional essay writing service? We have over 700 amazing people on our team including developers, QA engineers, designers, managers, HR specialists, marketers, essay writers, and many more. See who takes care of the orders you place.

Super Writers

There are 400+ essay writers from all over the world on our team who go through a 3-step hiring process. We call them super-writers because most of them have master’s degrees; therefore, they know the ins and outs of the discipline in which they specialize.

Support Team

Our extra-fast and caring support assistants answer your questions 24/7 and resolve any of your troubles. Our team was even nominated for the 2019 Best Quality Management Team Award by the European Contact Centre & Customer Service.

Testimonials

Dessert dessert topping. Chocolate bar tootsie roll candy cotton candy cookie sweet bonbon lemon drops. Toffee dragée bonbon. Gingerbread soufflé sweet roll unerdwear.com cheesecake dragée gummies caramels.

Lollipop biscuit gummies cotton candy cheesecake. Jelly-o chocolate cake soufflé oat cake lemon drops muffin. Sesame snaps sweet roll croissant… Topping lollipop marshmallow sugar plum sweet roll muffin cookie!!!

Pudding muffin unerdwear.com caramels! Gummies jelly carrot cake cake cookie lollipop jelly-o chocolate cake cupcake. Carrot cake tiramisu macaroon bear claw tootsie roll sesame snaps toffee!

Contact Us

support@eliteacademicessays.com

    Back To Top