Question

The present value of an annuity of Rs. 1,331 paid at the end of each year for 3 years, at 10 % p.a. is

Answer 1

Answer:

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Answer 2

Step-by-step explanation:

simple intrest =principle×rate ×time/100

principle=1,331/-

rate=10%

time=3 years

S. I=1,331×10×3/100

S. I=399.3/-