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Explain All parts Case 3: Your family has purchased a plot in Bahria Town Rawalpindi, Phase 8, with the following installments plan: Year 4 0
Explain All parts
Case 3: Your family has purchased a plot in Bahria Town Rawalpindi, Phase 8, with the following installments plan: Year 4 0 Rs 3.5 million Down payment Rs. 2.5 million 1st instalment Payment Rs. 2.0 million 2nd installment Rs. 1.0 million 3rd installment 5 Rs. 1.5 million final on possession. Nill 1. If you believe that the value of this plot is expected to grow at 18% compounded annually, then what price will you expect to get at the end of 5th year? 2. What price will you expect at the end of 6th year? 3. What is expected current price of this property to youStep by Step Solution
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