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please show full working out PROBLEM 1 A financial analyst at a real estate firm is thinking about recommending the management of the firm to

please show full working out
PROBLEM 1 A financial analyst at a real estate firm is thinking about recommending the management of the firm to invest in a piece of land that costs A$85,000, Based on further analysis, the analyst is certain that next year the land vwill be worth A$91,000, a sure A$6,000 gain. Given that the guaranteed interest rate in the bank is 10 percentyear, should the firm undertake the investment in the land

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