Question

find present value of an annuity of Rs.25000 per yrs for 3 yrs with 9% rate of interest compounded annually

Answer 1

Answer:

Step-by-step explanation

GIVEN DATA :-

Principle(P) = 25000

Rate(R) = 9%

time(T) = 3 Years

Amount = p{ 1=R/100}n

                25000(109/100} 3

ANS :- 32375.725

C.I = A-P = 25000-32375.25 = ?????????

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