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What is the future value of an annuity with payments of Rs.500 made annually for 5 years at an interest rate of 6% compounded annually?a)Rs.2600b)Rs.2800c)Rs.3000d)Rs.3200Correct answer is option 'B'. Can you explain this answer? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about What is the future value of an annuity with payments of Rs.500 made annually for 5 years at an interest rate of 6% compounded annually?a)Rs.2600b)Rs.2800c)Rs.3000d)Rs.3200Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the future value of an annuity with payments of Rs.500 made annually for 5 years at an interest rate of 6% compounded annually?a)Rs.2600b)Rs.2800c)Rs.3000d)Rs.3200Correct answer is option 'B'. Can you explain this answer?.

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