Question

X buys a piece of land priced Rs.5,00,000 for
which he agrees to make equal payments at the
end of each year for 10 years. If money is worth
5% effective, what is the size of these annual
payments? (a(10/0.05)=7.721734)
Select one:
a. 64752.30
b. 63152.30
C. 64852.30
d. 67452.30​

Answer 1

Step-by-step explanation:

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