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need this Question ASAP please Q4) A student is awarded a scholarship and two options are placed before him (i) to receive Rs. 1.100 now
need this Question ASAP please
Q4) A student is awarded a scholarship and two options are placed before him (i) to receive Rs. 1.100 now or (ii) receive Rs. 100 p.m. at the end of each of next 12 months. Which option be chosen if the rate of interest is 12% p.a.? (PVIFA, 1%,12=11.255 ) Step by Step Solution
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