Math, asked by ak200226, 1 month ago

Find the future value of an annuity of ₹ 5,000 at 12% p.a for 6 years.

Answers

Answered by seematarkunde0

2

Answer:

ANSWER

Annual payment A=Rs. 500

n=7

i=14%=0.14

A(7,0.14)=500[

0.14

(1+1.014)

7

−1

]

=Rs. 5365.35

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