Mathematics for FinanceMTP May 20Question 1506 of 479
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The present value of an annuity of 80\displaystyle 80 for 20\displaystyle 20 years at 5%\displaystyle 5\% p.a. is [Given (1.05)20=2.6533]\displaystyle [Given \ (1.05)^{20} = 2.6533]

Options

A997\displaystyle 997 (appx.)
B900\displaystyle 900
C1,000\displaystyle 1,000
DNone of these
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Correct Answer

Option a997\displaystyle 997 (appx.)

All Options:

  • A997\displaystyle 997 (appx.)
  • B900\displaystyle 900
  • C1,000\displaystyle 1,000
  • DNone of these

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