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The Accra Metropolitan Assembly is planning the construction of a district central market at Achimota....

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Finance

The Accra Metropolitan Assembly is planning the construction of a district central market at Achimota. It is estimated that the proposed market could produce an annual income of 5,000,000 for the first 25 years. Mr Antwi has been approached to finance the project on condition that he will be given the right to recoup his capital over 25 years before the Assembly takes over. Advise Mr. Antwi on the capital to be invested in the project if he can earn returns on his capital at 12% compound interest per annum.

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