Question

A company has issued debentures of 50 lac To be repaid after 7 years.How much should company invest in a sinking fund earning 12% in order to be able to be repay Debentures.

Answer 1

Answer:

(Set)-(setb)+7-5(set6)!!!(cos)

Explanation:

Mark as brainliestsbisbdvd hi js wbsjsbsvwvheuwhs

Answer 2

Concept Introduction:-

It could take the shape of a word or a numerical representation of a quantity's arithmetic value.

Given Information:-

We have been given that a company has issued debentures of $50$ lac To be repaid after $7$ years.

To Find:-

We have to find that should company invest in a sinking fund earning $12\%$ in order to be able to be repay Debentures.

Solution:-

According to the problem

$pv =fv/cvaf(r,n i.e 12\%,7)\\=\frac{5000000}{10.089}\\=495589$

Final Answer:-

The correct answer is $495589$.

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