Mathematics for FinancePYQ Nov. 20Question 1440 of 422
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Find the present value of $₹ 1,00,000$ to be required after $5$ years if the interest rate be $9\%$. Given that $(1.09)^5 = 1.5386$.

Options

A$70,993.48$
B$64,994.15$
C$88,992.43$
D$93,902.12$
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Correct Answer

Option a$70,993.48$

All Options:

  • A$70,993.48$
  • B$64,994.15$
  • C$88,992.43$
  • D$93,902.12$

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