The present value of an annuity of RS, 3,000 for 15
years at 4,5% pa. Clis: (Given that 1.045^15 =
1.935282)
(a) Rs, 23,809.67
(b) Rs. 32,218,67
(c) Rs. 32,908.67
(d) None of these
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Answer:
(a) Rs 2380967 is the correct answer
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