Mathematics, 24.08.2020 02:01 stef76
2. Mr. Ahmed is keen to purchase a garden of mangos which is expected to produce its first crop at the end of 6 years. It is estimated that the net annual income from the crop will yield Rs. 72000 for 15 years after which its resale value will be 100, 000 only. If the money is worth 6% compounded annually, what maximum amount he would pay now for a garden.
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2. Mr. Ahmed is keen to purchase a garden of mangos which is expected to produce its first crop at t...
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