Find future value of annuity of ₹ 1000 made annualy for seven yeras at interest rate 16% compounded annaualy. [ Given that (1.16) 7 = 2.8262]
CA Foundation · Quantitative Aptitude · MTP · September 2025
Find future value of annuity of ₹ 1000 made annualy for seven yeras at interest rate 16% compounded annaualy. [ Given that (1.16) 7 = 2.8262]
Suggested Answer and Working Notes:
Correct Answer: Option (A)
A. ₹ 11413.75
Topics: Part-A: Business Mathematics
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