4. The sale of a property provides for payments of $6,000 due at the beginning of every three months for five years.If t

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4. The sale of a property provides for payments of $6,000 due at the beginning of every three months for five years.If t

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4. The sale of a property provides for payments of $6,000 due at the beginning of every three months for five years.If the payments are deferred for two years and interest is 9% compounded monthly, what is the cash value of the property? (6 marks). (use calculator to solve if needed instead of formulas.)
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