Question: Task 1 (5 Marks) You bought a new house for OMR 9393. The payment terms are 5 years same as cash. If you can earn

Task 1 (5 Marks)

You bought a new house for OMR 9393. The payment terms are 5 years same as cash. If you can earn 12% on your money, how much money should you set aside today in order to make the payment when due in five years time? Interpretate and give your comments?

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