Math, asked by jpkanabar1221991, 16 hours ago

calculate the amount that is needed to set up a trust fund now,if the fund pays rs 15,000 each year for ten tare and earn an annual interest of 11%

Answers

Answered by Ayushiprogod1000

0

Answer:

∴ The trust has to invest Rs.5000 in the first bond and Rs.25000 in the second bond in order to obtain an annual interest of Rs.2000

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