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Mrs. X invests in an annuity immediately that promises annual payment of ₹ 50,000 for the next 16 years. If the interest rate is 6% compounded annually then the approximate present value of this annuity is , where(1.06)15 = 2.3965.? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared
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Mrs. X invests in an annuity immediately that promises annual payment of ₹ 50,000 for the next 16 years. If the interest rate is 6% compounded annually then the approximate present value of this annuity is , where(1.06)15 = 2.3965.?, a detailed solution for Mrs. X invests in an annuity immediately that promises annual payment of ₹ 50,000 for the next 16 years. If the interest rate is 6% compounded annually then the approximate present value of this annuity is , where(1.06)15 = 2.3965.? has been provided alongside types of Mrs. X invests in an annuity immediately that promises annual payment of ₹ 50,000 for the next 16 years. If the interest rate is 6% compounded annually then the approximate present value of this annuity is , where(1.06)15 = 2.3965.? theory, EduRev gives you an
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