An executive in a company has enrolled into retirement scheme - monthly investment of Rs 5000 at
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Question:
An executive in a company has enrolled into retirement scheme - monthly investment of Rs 5000 at the end of the month, return rate of 8% per year for twenty years. He wants to find out the value of his retirement investment at the end of twenty years. What will be the value of his investment after twenty years? (You can use Excel on your workstation to compute this outcome)
Related Book For
Business Statistics
ISBN: 9780321925831
3rd Edition
Authors: Norean Sharpe, Richard Veaux, Paul Velleman
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