The future value of an annuity of ₹ 7,200 made annually for 5 years at the rate of 12% compounded annually is (Given that (1.12) 5 = 1.76234)

CA Foundation · Quantitative Aptitude · PYQS · January 2025
The future value of an annuity of ₹ 7,200 made annually for 5 years at the rate of 12% compounded annually is (Given that (1.12) 5 = 1.76234)
(A) A. ₹ 4,574.50
(B) B. ₹ 45,740.40
(C) C. ₹ 54,740.50
(D) D. ₹ 2,400.50

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. ₹ 4,574.50

Topics: Part-A: Business Mathematics

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