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Suppose your father decides to gift you Rs. 10,000 every year starting from today for the next five years, you deposit this amount in a bank as and when you receive and get 10% per annum interest rate compounded annually. What is the present value of this annuity? ( P(4, 0.10) = 3.16987)a)Rs.41,698.70b)Rs.45,698.70c)Rs.42,698.70d)Rs.43,698.70Correct answer is option 'A'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Suppose your father decides to gift you Rs. 10,000 every year starting from today for the next five years, you deposit this amount in a bank as and when you receive and get 10% per annum interest rate compounded annually. What is the present value of this annuity? ( P(4, 0.10) = 3.16987)a)Rs.41,698.70b)Rs.45,698.70c)Rs.42,698.70d)Rs.43,698.70Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Suppose your father decides to gift you Rs. 10,000 every year starting from today for the next five years, you deposit this amount in a bank as and when you receive and get 10% per annum interest rate compounded annually. What is the present value of this annuity? ( P(4, 0.10) = 3.16987)a)Rs.41,698.70b)Rs.45,698.70c)Rs.42,698.70d)Rs.43,698.70Correct answer is option 'A'. Can you explain this answer?.

Solutions for Suppose your father decides to gift you Rs. 10,000 every year starting from today for the next five years, you deposit this amount in a bank as and when you receive and get 10% per annum interest rate compounded annually. What is the present value of this annuity? ( P(4, 0.10) = 3.16987)a)Rs.41,698.70b)Rs.45,698.70c)Rs.42,698.70d)Rs.43,698.70Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.

Here you can find the meaning of Suppose your father decides to gift you Rs. 10,000 every year starting from today for the next five years, you deposit this amount in a bank as and when you receive and get 10% per annum interest rate compounded annually. What is the present value of this annuity? ( P(4, 0.10) = 3.16987)a)Rs.41,698.70b)Rs.45,698.70c)Rs.42,698.70d)Rs.43,698.70Correct answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Suppose your father decides to gift you Rs. 10,000 every year starting from today for the next five years, you deposit this amount in a bank as and when you receive and get 10% per annum interest rate compounded annually. What is the present value of this annuity? ( P(4, 0.10) = 3.16987)a)Rs.41,698.70b)Rs.45,698.70c)Rs.42,698.70d)Rs.43,698.70Correct answer is option 'A'. Can you explain this answer?, a detailed solution for Suppose your father decides to gift you Rs. 10,000 every year starting from today for the next five years, you deposit this amount in a bank as and when you receive and get 10% per annum interest rate compounded annually. What is the present value of this annuity? ( P(4, 0.10) = 3.16987)a)Rs.41,698.70b)Rs.45,698.70c)Rs.42,698.70d)Rs.43,698.70Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of Suppose your father decides to gift you Rs. 10,000 every year starting from today for the next five years, you deposit this amount in a bank as and when you receive and get 10% per annum interest rate compounded annually. What is the present value of this annuity? ( P(4, 0.10) = 3.16987)a)Rs.41,698.70b)Rs.45,698.70c)Rs.42,698.70d)Rs.43,698.70Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Suppose your father decides to gift you Rs. 10,000 every year starting from today for the next five years, you deposit this amount in a bank as and when you receive and get 10% per annum interest rate compounded annually. What is the present value of this annuity? ( P(4, 0.10) = 3.16987)a)Rs.41,698.70b)Rs.45,698.70c)Rs.42,698.70d)Rs.43,698.70Correct answer is option 'A'. Can you explain this answer? tests, examples and also practice CA Foundation tests.