Mathematics for FinanceMTP May 20Question 1506 of 422
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The present value of an annuity of $80$ for $20$ years at $5\%$ p.a. is $[Given \ (1.05)^{20} = 2.6533]$

Options

A$997$ (appx.)
B$900$
C$1,000$
DNone of these
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Correct Answer

Option a$997$ (appx.)

All Options:

  • A$997$ (appx.)
  • B$900$
  • C$1,000$
  • DNone of these

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