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Solve future value considering average prevailing rate

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Question a)- A builder offers 5 Marla THREE Bed room along with drawing, dinning and TV launch house on Rs.1,000,000/- semi-annual instalments payable in advance for 15 years. The physical possession of house will be given after four years. Calculate its' present and future value considering average prevailing rate equal to 15%

Question b)- Give your decision either you should go for deal or not give logical reason, if present market value of similar house is for Rs.12,0 million and there are changes to increase the property value by 6 times over 15 years

Note: While taking decision you keep in mind the rental factor.

Reference no: EM132570863

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