PLEASE ANSWER THIS TIME VALUE OF MONEY QUESTION ONLY WITH FUTURE AND PRESENT VALUE CALCULATIONS, PLEASE DON'T ANSWER WITH STRAIGHT FORWARD SIMPLE ADDITIONS AND SUBTRACTIONS. i want to know what are the present or future value calculations that need to be used, Thank you.

Que.4 Time Value of Money CLO - 5 Ms. Verma has found a home she likes and has obtained [15 BL4 financing. Before making a final decision, she wants to compare the cost of the home to the cost of remaining in her apartment. Although she would prefer a home, she wants to determine how much more expensive the home is compared to the apartment. If she purchases the home, she expects to live in it for at least three years. Her rent is currently 60,000 per month. She does not expect a rent increase over the next three years. She does not have renter's insurance at this time, as the value of her household assets is low. She provided a security deposit of 1,00,000 to the apartment complex. While she expects to get this deposit back when she stops renting, tax-free money market fund earning 4\% annually (compounding annually). MFT4CCEFO8 The primary cost of buying a home is the mortgage payment (EMI), which she expects to be 68,800 per month. Stephanie would have to make a down payment of 8,00,000 to buy the home. Stephanie assumes that the annual property tax will be 1,00,000 based on last year's property tax paid by the current owner of the home. Insurance on this home will cost 60,000 per year. Closing costs (transaction costs) associated with buying a home are estimated to be 2,54,000. Stephanie expects maintenance costs on the home to be 1,00,000 per year. You may consider three years period for evaluating Renting Vs. Buying option. Ignore Tax considerations