Suppose your father decides to gift you Rs. 5,000 every year starts from today for the next four years.
You deposit the amount is a bank as and when you receive and get 10% per annum interest rate
compound annually. The present value of this annuity is --------(given P(3,0.10) = 2.48685)
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Answer:
no idea
Step-by-step explanation:
i think it will be 81,000
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