Mathematics for FinancePYQ Dec 22Question 1458 of 422
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How much amount is required to be invested every year so as to accumulate $₹ 5,00,000$ at the end of $12$ years if interest is compounded annually at $10\%$ p.a $(1.12, 0.1) = 21.384281$

Options

A$₹ 23381.65$
B$₹ 24385.85$
C$₹ 26381.65$
D$₹ 28362.75$
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Correct Answer

Option a$₹ 23381.65$

All Options:

  • A$₹ 23381.65$
  • B$₹ 24385.85$
  • C$₹ 26381.65$
  • D$₹ 28362.75$

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