Question
Q. NO. 09 : Mrs. Shamim has retired after 30 years with the Electric Company. Her total pension funds have an accumulated value of Rs.
Q. NO. 09 :
Mrs. Shamim has retired after 30 years with the Electric Company. Her total pension funds have an accumulated value of Rs. 10,50,000, and her life expectancy is 15 more years. Her pension fund manager assumes that she can earn an9.5 percent per annum return on her assets. What will her yearly annuity be for the next 15 years?
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AI And The Future Of Financial Services Strategy For Implementation Of AI In Banking And Finance
Authors: Milo Fudacz
1st Edition
B09DMTVHW9, 979-8465714075
