Mathematics for FinancePYQ Dec. 21Question 1451 of 422
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Mr. X wants to accumulate $₹ 50,00,000$ at the end of $10$ years. Then how much amount is required to be invested every year if interest is compounded annually at $10\%$? (Given that $P(10,0.10) = 15.9374298)$

Options

A$₹ 3,13,736.87$
B$₹ 4,13,726.87$
C$₹ 3,53,726.87$
D$₹ 4,53,726.87$
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Correct Answer

Option d$₹ 4,53,726.87$

All Options:

  • A$₹ 3,13,736.87$
  • B$₹ 4,13,726.87$
  • C$₹ 3,53,726.87$
  • D$₹ 4,53,726.87$

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