Question
What equal payments made at the beginning of each year for 10 years will pay for a property priced Rs 6,00,000 if the rate of
What equal payments made at the beginning of each year for 10 years will pay for a property priced Rs 6,00,000 if the rate of interest is 5% per annum? [Given (1.05)10 = 0.6139]
What is the present value of Rs 2,000 receivable annually for 30 years? The first receipt occurs after 10 years and the discount rate is 10%.
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