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estion Three: (4 marks) Ali wants to buy a piece of land. He can buy the land today and expects the price to rise to

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estion Three: (4 marks) Ali wants to buy a piece of land. He can buy the land today and expects the price to rise to $100,000 at the end of 10 years. He believes that he should earn an investment yield of 10 percent annually on this investment. The asking price for the land is $40,000. Should he buy it? How much would I have to deposit in an account today that pays 12% interest compounded quarterly so that I have a balance of $20000 in the account at the end of 10 years

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