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You decide to buy a house. You have three possible options. House A costs AED 650,000 House B costs AED 700,000 and house c costs
You decide to buy a house. You have three possible options. House A costs AED 650,000 House B costs AED 700,000 and house c costs AED 750,000. Your personal annual income is AED 220,000. Plus, you own two flats and you gain from the rent AED 60,000 annually for the first two flats one and AED 53,000 annually for the second one. From the second year and on, you will start gaining from the first flat AED 65,000 annually. Also, you have just bought shares and you gain annually AED 15,000, which will be the best buy if you look at the ROI after three years? Show the three scenarios in a graph. Given Return on investment (ROI) = Net profit/cost of investment times 100
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