Please answer as soon as you can, A sincere answer would be rated positive instantly. Thank you.

(1) You would like to have 98 lakhs in your account ten years from now to buy a flat in Mirpur. For achieving this target, you would like to make three separate deposits in your saving account. Your account pays 7% annual interest rate, which compounds monthly. All the deposits will be a single deposit investment. Today you make the first deposit of 15 lakh. Five years from now, you will make a 10-lakh deposit. What would be the third deposit you need to make 7 years from now so that you can have that 98 lakhs to buy that flat. (Kindly note that you have to show a detailed calculation process. Without a detailed calculation, process marks will be deducted. Excel calculation will be ignored.) 5