Mathematics for FinanceMTP Jun 23Question 1521 of 422
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Mr. A invested $20,000$ p.a. for next $3$ years at the interest rate of $8$ percent p.a. compounded annually. What is future value of the annuity?

Options

A$62644$
B$62442$
C$64928$
D$64242$
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Correct Answer

Option b$62442$

All Options:

  • A$62644$
  • B$62442$
  • C$64928$
  • D$64242$

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