Mathematics for FinanceMTP May 20Question 1507 of 422
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A person bought a house paying $20,000$ cash down and $4,000$ at the end of each year for $25$ yrs. at $5\%$ p.a. C.I. The cash down price is

Options

A$75,000$
B$76,900$
C$76,375.80$
DNone of these
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Correct Answer

Option dNone of these

All Options:

  • A$75,000$
  • B$76,900$
  • C$76,375.80$
  • DNone of these

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