The future value of an annuity of ₹ 2000 made annually for 8 years at interest rate of 14% per annum, compound annually is _____. (Given that (1.14)…

CA Foundation · Quantitative Aptitude · PYQS · May 2026
The future value of an annuity of ₹ 2000 made annually for 8 years at interest rate of 14% per annum, compound annually is _____. (Given that (1.14) 8 = 2.8526)
(A) A. ₹ 26,465.71
(B) B. ₹ 26,646.57
(C) C. ₹ 20,000.55
(D) D. ₹ 18,564.52

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. ₹ 26,465.71

Topics: Part-A: Business Mathematics

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic