The future value of an annuity of ₹ 5,000 is made annually for 8 years at interest rate of 9% compounded annually is [Given that, (1.09) 8 = 1.99256]
CA Foundation · Quantitative Aptitude · MTP · January 2026
The future value of an annuity of ₹ 5,000 is made annually for 8 years at interest rate of 9% compounded annually is [Given that, (1.09) 8 = 1.99256]
Suggested Answer and Working Notes:
Correct Answer: Option (A)
A. ₹ 55,142.22
Topics: Part-A: Business Mathematics
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