Mathematics for FinanceMTP Nov 20Question 1511 of 462
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Find the present value of 10,000\displaystyle 10,000 to be required after 5\displaystyle 5 years, if the interest rate be 9\displaystyle 9 per cent compounded annually.

Options

A5500\displaystyle 5500
B6000\displaystyle 6000
C5600\displaystyle 5600
D6500\displaystyle 6500
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Correct Answer

Option d6500\displaystyle 6500

All Options:

  • A5500\displaystyle 5500
  • B6000\displaystyle 6000
  • C5600\displaystyle 5600
  • D6500\displaystyle 6500

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