I want text all answers 56 X purchased a house and the payment terms are (a) Rs. 10 lac immediately and balance Rs.7.50 lac after 2 years. The rate of interest is 6% p.a. and to be compounded semi-annually. What is the cash value of the house. 57 X had to pay certain amount to Z and had two options (a) to make payment of lump sum amount of Rs.120000 immediately or (b) to pay Rs.150000 in 5 years at 5% p.a. rate of interest (half-yearly compounding). Which option is more beneficial for X. A. He should opt for (a) being lower amount B. He should opt for (b) being lower at Rs.117179 C. He should opt for (b) being lower at Rs.119197 D. He should opt for (b) being lower at Rs.117971