5. You want to make a gift of `1,00,000 to one of your friends after 4 years...

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5. You want to make a gift of `1,00,000 to one of your friends after 4 years from now. What amount of money you need to invest every year starting from the beginning of the first year so that you can get the required amount after 4 years? The normal rate of return is 10%.

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Financial Management

ISBN: 9789352605606

1st Edition

Authors: Swapan Sarkar, Bappaditya Biswas, Samyabrata Das, Ashish Kumar Sana

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