Question: answer fast and both please Question 2: Mohamed plans to buy a Toyota car through bank loan, the car price in car exhibition is BD

answer fast and both please answer fast and both please Question 2: Mohamed plans to buy a

Question 2: Mohamed plans to buy a Toyota car through bank loan, the car price in car exhibition is BD 28,500 cash, if the bank offer an interest rate for the car loan 3.5% if she pays BD 6,000 yearly as fixed payment for the coming 4 years. 12 Marks - Calculate how much Mohamed should pay at the end of duration? (1 mark) - Analysis the difference between the cash price and installment price. (1 mark) Question 3: Assume that your brother offers an investment for you to receive BD 3,500 per year for the coming 4 years, if you know that the discount rate is 4% on this investment. 13 Marks - Calculate how much you should invest now to receive BD3,500? (1 mark) - If you have another investment to receive BD13,000, would you still choose your brother's offer? Why? (2 marks)

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