Mathematics for FinanceMTP May 20Question 1507 of 479
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A person bought a house paying 20,000\displaystyle 20,000 cash down and 4,000\displaystyle 4,000 at the end of each year for 25\displaystyle 25 yrs. at 5%\displaystyle 5\% p.a. C.I. The cash down price is

Options

A75,000\displaystyle 75,000
B76,900\displaystyle 76,900
C76,375.80\displaystyle 76,375.80
DNone of these
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Correct Answer

Option dNone of these

All Options:

  • A75,000\displaystyle 75,000
  • B76,900\displaystyle 76,900
  • C76,375.80\displaystyle 76,375.80
  • DNone of these

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