Determine the sum of an annuity of 5 annual payments of Rs 350 each, if the first
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Determine the sum of an annuity of 5 annual payments of Rs 350 each, if the first payment is made at the end of the year. The rate of interest is 8% per annum.
Find the present value of an annuity of Rs 900 payable at the end of 6 months for 6 years. The rate of interest is 8% per annum compounded half yearly. [Given (1.04)12 = 0.6252]
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