Question: Which of the following is the highest value? (a) Present Value of 1,000 receivable after one year (b) Total Value of 1,000 deposited

Which of the following is the highest value?

(a) Present Value of  1,000 receivable after one year

(b) Total Value of  1,000 deposited in Savings Bank A/c for one year

(c)  1,001

(d)  1,000 deposited in Fixed Deposit @ 5.50% for one year.

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