Mathematics for FinanceMTP Jun 23Question 1517 of 422
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How much money is to be invested every year so to accumulate $3,00,000$ at the end of $10$ years if interest is compounded annually at $10\%$ rate of interest?

Options

A$18823.65$
B$18833.64$
C$18223.60$
D$16823.65$
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Correct Answer

Option a$18823.65$

All Options:

  • A$18823.65$
  • B$18833.64$
  • C$18223.60$
  • D$16823.65$

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