Question

The annual membership fee of an association is Rs.3,000. Dr. Pandian is eager to become a life member by paying a lump sum. Assuming the expectation of life of a man of his age is 20 years and the rate of compound interest is 15%, how much should the association charge now?​

Answer 1

Answer:

20,000 INR

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Answer 2

Answer:

20000 INR

Step-by-step explanation:

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