1. Cap rates are generally determined by all except:
a) risk on a poprertys cash flow
b) Opportunity cost of capital
c) The interaction between law, demand and supply
d) Growth in net rents
2. You are saving to pay your children's university costs in 20 years' time. Your payment the first year is R 3 600, after which our yearly payments increased by R360 each year. If the expected interest rate per year is 10%, the amount that you expect to receive to the nearest rand on the maturity date will be:
(1) R213 030
(2) R340380
(3) R412 380
(4) R484 380
(5) None of the above
Please show calculations