The future value of an annuity of ₹ 1,000 is made annually for 5 years at interest rate of 14% compounded annually [Given that (1.14) 5 = 1.92541]…
CA Foundation · Quantitative Aptitude · MTP · September 2025
The future value of an annuity of ₹ 1,000 is made annually for 5 years at interest rate of 14% compounded annually [Given that (1.14) 5 = 1.92541] is _____
Suggested Answer and Working Notes:
Correct Answer: Option (B)
B. ₹6610
Topics: Part-A: Business Mathematics
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