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Read the senario and answer to the question. The present household expenses of Mr Bhatia is Rs. 3,00,000 p.a. but if he were to retire
Read the senario and answer to the question. The present household expenses of Mr Bhatia is Rs. 3,00,000 p.a. but if he were to retire today he would require only Rs. 2,25,000 p.a. Calculate his required retirement corpus if interest rate is 12% p.a. and inflation rate is 7%. A. Rs. 1,53,87,451 B. Rs. 1,74,78,345 C. Rs. 1,61,06,405 D. Rs. 1,50,04,378
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