The future value of an annuity of ₹ 1,000 made annually for 5 years at the interest of 14% compounded annually is:
CA Foundation · Quantitative Aptitude · MTP · June 2024
The future value of an annuity of ₹ 1,000 made annually for 5 years at the interest of 14% compounded annually is:
Suggested Answer and Working Notes:
Correct Answer: Option (B)
B. ₹ 6,610
Topics: Part-A: Business Mathematics
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