EN$-$GB PlEASE ANSWER QUESTION $1$ AND $2$ AND $3$

$1.$Introduction to the Case study

$2.$Determine the required monthly payments for the mortgage.

$3.$Determine the "opportunity" costs, on a monthly basis, of using the required funds for closing $($i$.$e$.,$ down payment plus all closing costs$),$ rather than leaving those funds invested and earning the monthly effective rate determined in Q$1.$

$4.$Determine the monthly additional payments required to buy versus rent $($include the monthly opportunity costs determined in Q$2.$

$5.$Determine the principal outstanding on the mortgage after:

Two years

Five years

Ten years

$6.$ Determine the "net" future gain or loss after two, five and $10$ years under the following scenarios, which Rebecca Young has determined are possible after some "due diligence" regarding future real$-$estate prices in the Toronto condo market:

The condo price remains unchanged.

The condo price drops $10$ per cent over the next two years, then increases back to its purchase price by the end of five years, then increases by a total of $10$ per cent from the original purchase price by the end of $10$ years.

The condo price increases annually by the annual rate of inflation of $2$ per cent per year over the next $10$ years.

The condo price increases annually by an annual rate of $5$ per cent per year over the next $10$ years.

$7.$ As Rebecca Young, what decision would you make? Describe any qualitative considerations that could factor into your decision.