The present value (in nearest ₹) of an annuity of ₹ 90,000 for 13 years at 5.5% compounded annually is (Given 1.005 13 = 2.0058)

CA Foundation · Quantitative Aptitude · PYQS · January 2026
The present value (in nearest ₹) of an annuity of ₹ 90,000 for 13 years at 5.5% compounded annually is (Given 1.005 13 = 2.0058)
(A) A. 9,99,996
(B) B. 8,20,548
(C) C. 9,69,996
(D) D. 7,22,536

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. 8,20,548

Topics: Part-A: Business Mathematics

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