Find the present worth of Rs.78000 due in 4 years at 5 percent interests per year.
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Answer:1,560,000
Step-by-step explanation:
78000*4*5/100=
780*4*5= 15600
Amount=Principal +Interest
Amount= 78000+15600= 93600
So present worth after 4 years at 5 per annum will be 93600.
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