Question

12. A sinking fund is created for redeming debentures worth * 5 lakhs at the end of 25 years.
How much provision needs to be made out of profits each year provided sinking fund
investments can earn interest at 4% p.a.?
(a) 12,006
(b) 12,040
(c) 12,039
(d) 12,035​

Answer 1

Answer:

The answer is a option A

Answer 2

Answer:

The answer is a option A