Mathematics of FinancePYQ Sept 25Question 4253 of 479
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Mohan invests ₹ 25,000 every year starting from today for next 5 years Interest rate is 7% per annum compounded annually. The future value of the annuity is ₹__________. (Given (1+0.07)5=1.40255\displaystyle (1+0.07)^5 = 1.40255)

Options

A1,46,768
B1,43,768
C1,45,768
D1,44,768
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Correct Answer

Option a1,46,768

All Options:

  • A1,46,768
  • B1,43,768
  • C1,45,768
  • D1,44,768

About This Chapter: Mathematics of Finance

Paper

Paper 3: Quantitative Aptitude

Weightage

12-16 Marks

Key Topics

Simple & Compound Interest, Annuity, Perpetuity

The most important mathematical chapter in the entire syllabus. It covers Simple Interest (SI), Compound Interest (CI), Nominal vs Effective rates, Present and Future Value, Annuities (Ordinary and Due), Sinking Funds, and Perpetuities. The concepts learned here are applied heavily in CA Intermediate and Final.

View Official ICAI Syllabus

Exam Strategy Tip

Guaranteed 12-16 marks. Master your calculator! Learn the 'GT' and compound interest M+/M- tricks to solve annuity questions in 10 seconds without writing long formulas.

Key Concepts to Understand

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