Mathematics for FinancePYQ Dec 23Question 1469 of 422
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Suppose Mr. X invested $5,000$ every year starting from today in mutual fund for next $10$ years. Assuming that interest compounded annually is at $18\%$ p.a.. What is future value?

Options

A$1,83,677.68$
B$1,38,678.85$
C$1,83,776.53$
D$1,38,774.55$
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Correct Answer

Option d$1,38,774.55$

All Options:

  • A$1,83,677.68$
  • B$1,38,678.85$
  • C$1,83,776.53$
  • D$1,38,774.55$

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