It is January $2024,$ and you decide that in January $2030,$ you want to purchase a $$ section of land $(160$ acres$)$ that is currently appraised at $$3,500$ per acre. You predict that land will continue to appreciate in value at $8\%$ per year until $2030.$

W A$.$ what do you estimate this land will cost you in $2030$ if land continues to appreciate at $8\%$ per year?

IB$.$ if you want to put $30\%$ down for this parcel $($all $160$ acres$)$ of land in $2030,$ how much will you need?

IC$.$If you can invest money each year in a TFSA $($or similar investment vehicle$)$ that earns a $10\%$ return, how much will you need to save each year in order to have the amount of money for the down payment that you found in part b$?$