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Suppose you have an opportunity to make an investment in real estate venture that expects you to pay kshs 75000 at the end of each
Suppose you have an opportunity to make an investment in real estate venture that expects you to pay kshs 75000 at the end of each month for the next eight years. YOU BELIEVE A REASONABLE RETURN ON YOUR INVESTMENT SHOULD BE ANNUAL VALUE OF 15% COMPOUNDED MONTHLY . HOW MUCH SHOULD YOU PAY FOR THE INVESTMENT? WHAT WILL BE THE TOTAL SUM OF YOUR CASH YOU WILL RECEIVE FOR THE NEXT EIGHT YEARS?
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