Amount needed after 5 years for debenture redemption: 60,00,000. Rate of Interest on investments expected: 5% Annual
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Amount needed after 5 years for debenture redemption: ₹60,00,000.
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Rate of Interest on investments expected: 5% Annual investment needed to get 15 after 5 years, *2.71462. Ascertain the annual transfer to Sinking Fund.
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