Find the present value of an annuity that will provide Rs 5000 every year for the next
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Question:
Find the present value of an annuity that will provide Rs 5000 every year for the next 10 years, when the rate of interest is 8% per annum compounded continuously
A bank pays the interest at the rate of 12% per annum compounded quarterly. Find how much should be deposited in the bank at the beginning of each quarter in order to accumulate Rs 10,000 in 4 years.
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