I want text all answers 49 A firm need Rs. 170000 to replace its machinery at the end of 5 years. At 12% rate of interest, how much it should contribute every month? A. Rs. 2051.65 B. Rs.2101.51 C. Rs.2081.56 D. Rs.2057.64 50 For carrying out his studies, a student borrows Rs.3 lac from a bank at concessional rate of 5% p.a. for 4 years of his professional course. What is the total amount payable by him at the end of 4th year. A. Rs. 1284039.65 B. Rs. 1286031.75 C. Rs. 1290006.84 D. Rs. 1293037.50 51 A man wants to send his daughter to a management school after 5 years and will be needing one time payment of charges amounting to Rs.7 lac. At 12%, how much he should invest annually? A. Rs.111105.21 B. Rs.110186.81 C. Rs.109672.22 D. Rs.109486.89