Find the amount of an annuity of Rs 1,000 in 10 years allowing a compound interest of
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Find the amount of an annuity of Rs 1,000 in 10 years allowing a compound interest of 5%
per annum.
With A= 1,000, n = 10, i = 0.05, we have R = 1 + i = 1 + 0.05 = 1.05. Further
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