Business Studies, asked by fouzsami1096, 1 year ago

sheela needs rs 100000 at the end of each year in the next 5 years.how much amount she should invest now @10% present value of annuity factor at 10%for 5 years is 3.7908

Answers

Answered by sourishdgreat1
4
now in evening or a few years old school for you guys I was in my absence I can understand what you have received it is in Chennai fu a little better
Answered by phillipinestest
0

"Answer: The amount sheela invested at 10%  for the time of 5 years is 3.7908

So,

3.7908\quad \times\quad (amount\quad to\quad be\quad invested)\quad = \quad 3.7908\quad \times\quad (1,00,000)\quad

Amount\quad needed =\quad 379080

This is right answer  =  379080"

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