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A. Ms. Alpana has decided to save Rs. 1000 per month for five years for buying a bike. She willearn 6 percent per annum interest on her investment. The bike will cost her Rs. 100,000. Kindlycalculate whether she will be able to afford buying the bike with her investment money at the endof 5 years.OrB. Ms. Bianca is looking to buy a candy machine worth Rs. 500,000. She will use the machine tomanufacture candies and sell them in the local market. The machine will run for three years andMs. Bianca will generate following cashflow by selling candies.YearCash Flow in Rs.11200000123000003100000 |
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