Mathematics for FinanceMTP May 19Question 1499 of 479
All Questions

The future value of annuity on 5000\displaystyle 5000 a year for 7\displaystyle 7 years at 14%\displaystyle 14\% per annum compounded interest is

Options

A53300\displaystyle 53300
B5365.87\displaystyle 5365.87
C5480\displaystyle 5480
D5465.23\displaystyle 5465.23
For any discrepancies in this question, email contact@cadada.in

Correct Answer

Option b5365.87\displaystyle 5365.87

All Options:

  • A53300\displaystyle 53300
  • B5365.87\displaystyle 5365.87
  • C5480\displaystyle 5480
  • D5465.23\displaystyle 5465.23

Key Concepts to Understand

More Questions from Mathematics for Finance

Ready to Master Mathematics for Finance?

Practice all 479 questions with instant feedback, earn XP, track your streaks, and ace your CA Foundation exam.

Start Practicing — It's Free