Ayushi plans to buy a car 10 years from now which costs 3 20,00,000. How
10
CO-4 10
CO-4
much should Ayushi divert from her savings every year for next 10 years in order to purchase the car? The bank gives 5 % nominal interest rate which is CO-4 10 compounded every quarter. Also calculate the present worth of her investment Draw the cash flow diagram for both the situations.
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if u want a diagram with answers so give this answer of more points
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