Question

1. A choice has to be made by Mr. Abhishek between a new bike and a second-hand
bike. The relevant data are:
If Abhishek invest Rs. 15,000 or Rs. 5000 elsewhere, he except a return of 10%. Using the
Annuity method, find out whether Abhishek should go for new bike or the second-hand
bike?

Answer 1

Answer:

hey must have new bike.......