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Need the solution asap. will give thumbs up 5. (1) You invest Rs. 2000 every year at 9.25% interest rate p.a. for 15 years. Calculate
Need the solution asap. will give thumbs up
5. (1) You invest Rs. 2000 every year at 9.25% interest rate p.a. for 15 years. Calculate the money value of your investment after the investment period? (2.5 marks) 5. (2) ABC Pvt. Ltd wants to accumulate Rs. 40,00,000 at the end of 30 years to meet the retirement benefit of one of its employee Ranjit. How much should the ABC Pvt. Ltd. deposit every year at an interest rate of 10.5 % per annum so that at the end of 30 years it should have the stated amount to meet its financial obligation? (2.5 marks) 6. A company has book value per share is Rs. 150.80 and return on equity as 15%. It retains 60% of its earnings. If cost of equity is assumed to be 18% then calculate the price of its share? Marlon 2000Step by Step Solution
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