How much money is required to be invested every year as to accumulate ₹6,00,000 at the end of 10 years, if interest is compounded annually at 10%…
CA Foundation · Quantitative Aptitude · MTP · January 2026
How much money is required to be invested every year as to accumulate ₹6,00,000 at the end of 10 years, if interest is compounded annually at 10% rate of interest. [Given: (1.1) 10 = 2.59734]
Suggested Answer and Working Notes:
Correct Answer: Option (C)
C. ₹37,647
Topics: Part-A: Business Mathematics
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