Question

The present value of an annuity of Rs 3.000 per year
for 3 years at 12% per annum ​

Answer 1

Answer:

Rs. 10,080.

Step-by-step explanation:

3000/100=30 (This is the value of 1%)

Value of 12%=30*12=Rs. 360

3000+360=Rs. 3360/annum

3 years=3360*3=Rs. 10,080

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