Don't copy or paste:
just take an idea
Q#1: Considering the fact that the house prices will grow at the rate of
4% per annum, what will be the future house price of the house Mr.
Naeem intends to buy after 8 years.
FV=PV (1+i) ^n
answer:FV= Rs.2052900
Q#2:
FV=PV (1+i) ^n
PV=Rs.1030261.95
Q#3
FV=2390700(first)
PV=1199789.22 answer
Q#4: If Mr. Naeem decides to deposit in less risky certificate of deposits
earning only 5% p.a. then how much funds he has to deposit in his bank
to be able to purchase the house after 8 years.FV=PV (1+i) ^n
FV=2216250
PV=1500000
Q#5: If Mr. Naeem decides to invest in more risky growth stocks
earning 12% rate of return then how much funds he has to invest to
Purchase his house after eight years.
Solution:
FV=PV (1+i) ^n
FV=3714000
PV=1500000
this is 100% correct answers if you have anyproblem then you can ask me about assignemt problem at 11:00 pm
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