Question

Find the PV of an annuity of Rs.500 payable at
the end of each year for 8 years, if money is
worth 5% effective.(a(8/0.05)=6.4653212)
Select one:
a. 3234.57
b. 3240.61
c. 3232.61
d. 3231.61​

Answer 1

Answer:

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