Question

12. The present value of annuity of * 5,000 per annum for 12 years at 4% p.a C.I. annually is
(a) * 46,000 (b) * 46,850
(c) 15,000
(d) * 46925.40​

Answer 1

Answer:

Step-by-step explanation:

principal =5000.

rate =4 percent.

time =12 months =1yrs

a=p(1+r/100)n

a=5000(1+4/100)1

a=5000*(104/100)

a=5000*26/25=200*26=5200.

ci=a-p

ci=5200-5000=200answer

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Answer 2

Answer:

figure do it he c

Step-by-step explanation:

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