Find the present value of ₹ 500 due 10 years hence when interest of 10% is compounded half yearly?

CA Foundation · Quantitative Aptitude · MTP · April 2025
Find the present value of ₹ 500 due 10 years hence when interest of 10% is compounded half yearly?
(A) A. ₹ 188.40
(B) B. ₹193.94
(C) C. 138.94
(D) D. ₹50.00

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. ₹ 188.40

Topics: Part-A: Business Mathematics

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