Mr. XYZ is investing a certain amount at the end of each month in his account. He is supposed to get interest 12% per annum compounded monthly. If…

CA Foundation · Quantitative Aptitude · PYQS · January 2026
Mr. XYZ is investing a certain amount at the end of each month in his account. He is supposed to get interest 12% per annum compounded monthly. If the future value of this annuity after the 10 th payment is ₹ 50,000, then amount invested by Mr. XYZ in each month will be? Given (1.01) 10 = 1.104622
(A) A. 4,779
(B) B. 4,735
(C) C. 4,375
(D) D. 4,977

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. 4,779

Topics: Part-A: Business Mathematics

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