Question

Ms. Sharma deposits
Rs.3,00,000 on
retirement in a bank
which pays 8 % annual
interest. How much can
she withdraw annually
(approximately) for a
period of 10 years?
(PVIF8%, 10years =
0.463, PVIFA8%,
10years = 6.710, FVIF8%,
10years = 2.519,
FVIFA8%, 10years
=14.487)​

Answer 1

Answer:

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