Mathematics for FinancePYQ Nov. 20Question 1440 of 479
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Find the present value of 1,00,000\displaystyle ₹ 1,00,000 to be required after 5\displaystyle 5 years if the interest rate be 9%\displaystyle 9\%. Given that (1.09)5=1.5386\displaystyle (1.09)^5 = 1.5386.

Options

A70,993.48\displaystyle 70,993.48
B64,994.15\displaystyle 64,994.15
C88,992.43\displaystyle 88,992.43
D93,902.12\displaystyle 93,902.12
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Correct Answer

Option a70,993.48\displaystyle 70,993.48

All Options:

  • A70,993.48\displaystyle 70,993.48
  • B64,994.15\displaystyle 64,994.15
  • C88,992.43\displaystyle 88,992.43
  • D93,902.12\displaystyle 93,902.12

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