Mathematics for FinancePYQ Dec 23Question 1472 of 479
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Calculate the present value of 2,000\displaystyle 2,000 to be required after 10\displaystyle 10 years compounded annually at 5%\displaystyle 5\% per annum given (1.05)10=1.62889\displaystyle (1.05)^{10} = 1.62889

Options

A1,227.82\displaystyle 1,227.82
B1,282.48\displaystyle 1,282.48
C1,328.35\displaystyle 1,328.35
D1,822.65\displaystyle 1,822.65
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Correct Answer

Option a1,227.82\displaystyle 1,227.82

All Options:

  • A1,227.82\displaystyle 1,227.82
  • B1,282.48\displaystyle 1,282.48
  • C1,328.35\displaystyle 1,328.35
  • D1,822.65\displaystyle 1,822.65

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