Would invest power plant project or land in kuala lumpur

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Reference no: EM132969811

Average price of land per square feet in Kuala Lumpur (KL):

Year Price

2016 447.77

2017 529.19

2018 592.11

2019 622.90

2020 776.09

2021 812.02

Problem 1: Calculate the compound annual growth rate (CAGR) of land price, per square feet in KL (round it up to two decimal place).

Problem 2: Based on the CAGR of land price (per square feet in KL), if you invest the principal money you obtained from Q1(a), how much would you receive in 5 years. Would you invest Power Plant Project or Land in Kuala Lumpur?

Reference no: EM132969811

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