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i need help Question two Madonna daughter celebrates her 5 birthday today Madonna intends to invest money with Housing Bank so that she buys the

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i need help

Question two Madonna daughter celebrates her 5" birthday today Madonna intends to invest money with Housing Bank so that she buys the house when her daughter celebrates 18 birthday Housing bank pays interest at 20% Madonna wil, invest a lump sum of Sh 400,000 today plus an annuity amount on her daughter birthday till she buys the house (from 5h to 18h birthday both days inclusive) An identical house to one Madonna intends to buy currently sells at Sh 45 million and the price is expected to appreciate at 8% per year a. b. What will be the price of house when Madonna intends to buy Compute the annuity amount that Madonna should contribute to fulfil her dream

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