Question

1.     Calculate the cash price of the asset from the following
Rs. 6,000 paid at the time of agreement.
Rs. 7,200 paid at the end of I year.
Rs. 6,900 paid at the end of II year.
Rs. 6,600 paid at the end of III year.
Rs. 6,300 paid at the end of IV year.
Rate of interest 5% p.a.​

Answer 1

Explanation:

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