How much amount is required to be invested every year so as to accumulate ₹ 15,00,000 at the end of 20 years if interest is compounded annually at…
CA Foundation · Quantitative Aptitude · MTP · April 2025
How much amount is required to be invested every year so as to accumulate ₹ 15,00,000 at the end of 20 years if interest is compounded annually at 10% ? [Given A(n, i) = 57.274999]
Suggested Answer and Working Notes:
Correct Answer: Option (A)
A. ₹26,189.44
Topics: Part-A: Business Mathematics
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