17. (a) At age 20, how much should one invest at the end of each year in...

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17.

(a) At age 20, how much should one invest at the end of each year in order to have *10 lakh at age 50, assuming 10 per cent annual growth rate?

(b) At age 20, how much lump sum should one invest now in order to have 10 lakh at the age of 50, assuming 10 per cent annual growth rate?

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Financial Management

ISBN: 9789325982291

11th Edition

Authors: I.M. Pandey

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Question Posted: Oct 21, 2024 12:00 PM

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17. (a) At age 20, how much should one invest at the end of each year in order to have *10 lakh at age 50, assuming 10 per cent annual growth rate? (b) At age 20, how much lump sum should one invest...
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17. (a) At age 20, how much should one invest at the end of each year in...

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Financial Management

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