Question

A company has to replace a present facility after 12 years at an outlay of Rs. 400000. It plans to deposit an equal amount at the end of every year for the next 12 years at an interest rate of 16% compounded annually. The equivalent amount that must be deposited at the end of every year for the next 12 years would be​

Answer 1

4555t

446

66 it 442

65333

Step-by-step explanation:

6634678