Question

The present value of the annuity of Rs.200 paid at the end
of each year for 4 years at the rate of interest 12%
compounded yearly is approximately rupee​

Answer 1

Answer:

Principal=200₹, Time=4years, Rate of interest=12%

Interest=P×R×T/100

=200×12×4/100

Now 100 and 200 two zero cut,

Now,

=2×12×4

Interest =96₹

Amount=Principal-Interest

=200-65

135₹

Hence,

The compounded yearly is approximately rupees=135₹

Step-by-step explanation:

Hope its help you...