Mathematics for FinancePYQ Jun 23Question 1464 of 422
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Suppose you have decided to make a Systematic Investment Plan (SIP) in a mutual fund with $1,00,000$ every year from today for next $10$ years where you get return at the rate of $10\%$ per annum compounded annually. What is the future value of this annuity?

Options

A$12,35,414$
B$12,35,411$
C$17,35,411$
D$17,33,414$
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Correct Answer

Option d$17,33,414$

All Options:

  • A$12,35,414$
  • B$12,35,411$
  • C$17,35,411$
  • D$17,33,414$

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