Question
1. (a) Define time value of money. What is an annuity? What are the two types of annuities and how do their values differ? [2+2
1. (a) Define time value of money. What is an annuity? What are the two types of annuities and how do their values differ? [2+2 =4]
(b) At what rate Taka 30,000 would become Taka 45, 000 in five years? [2]
(c) Assume that you have taken a loan of Taka 50,000 at the rate of 12% for three years. Using the information prepare a loan amortization schedule? [3]
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Real Estate Finance
Authors: John P. Wiedemer
8th Edition
0324142900, 9780324142907
