Mathematics for FinanceMTP Jun 23Question 1522 of 422
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$10,000$ is invested every month and in an account paying interest $@12\%$ per annum compounded monthly. What is the future value of this annuity just after making $11^{th}$ payment

Options

A$115,600$
B$116,100$
C$156,800$
D$157,100$
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Correct Answer

Option a$115,600$

All Options:

  • A$115,600$
  • B$116,100$
  • C$156,800$
  • D$157,100$

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