The future value of an annuity of ₹ 7,200 made annually for 5 years at the rate of 12% compounded annually is (Given that (1.12) 5 = 1.76234)
CA Foundation · Quantitative Aptitude · MTP · April 2025
The future value of an annuity of ₹ 7,200 made annually for 5 years at the rate of 12% compounded annually is (Given that (1.12) 5 = 1.76234)
Suggested Answer and Working Notes:
Correct Answer: Option (A)
A. ₹45,740.40
Topics: Part-A: Business Mathematics
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