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Mr. Sharad got retirement benefit amounting to Rs. 50,00,000/-. He wants to receive a fixed monthly sum of amount for his rest of life, starting after one month and there after he wants pass the same to future generation. He expects to earn an interest of 9% compounded annually. Determine how much perpetuity amount he will receive every month?(a) Rs. 9,500/-(b) Rs. 38,500/-(c) Rs. 37,500/-(d) Rs. 36,600/-? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared
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the UPSC exam syllabus. Information about Mr. Sharad got retirement benefit amounting to Rs. 50,00,000/-. He wants to receive a fixed monthly sum of amount for his rest of life, starting after one month and there after he wants pass the same to future generation. He expects to earn an interest of 9% compounded annually. Determine how much perpetuity amount he will receive every month?(a) Rs. 9,500/-(b) Rs. 38,500/-(c) Rs. 37,500/-(d) Rs. 36,600/-? covers all topics & solutions for UPSC 2024 Exam.
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Here you can find the meaning of Mr. Sharad got retirement benefit amounting to Rs. 50,00,000/-. He wants to receive a fixed monthly sum of amount for his rest of life, starting after one month and there after he wants pass the same to future generation. He expects to earn an interest of 9% compounded annually. Determine how much perpetuity amount he will receive every month?(a) Rs. 9,500/-(b) Rs. 38,500/-(c) Rs. 37,500/-(d) Rs. 36,600/-? defined & explained in the simplest way possible. Besides giving the explanation of
Mr. Sharad got retirement benefit amounting to Rs. 50,00,000/-. He wants to receive a fixed monthly sum of amount for his rest of life, starting after one month and there after he wants pass the same to future generation. He expects to earn an interest of 9% compounded annually. Determine how much perpetuity amount he will receive every month?(a) Rs. 9,500/-(b) Rs. 38,500/-(c) Rs. 37,500/-(d) Rs. 36,600/-?, a detailed solution for Mr. Sharad got retirement benefit amounting to Rs. 50,00,000/-. He wants to receive a fixed monthly sum of amount for his rest of life, starting after one month and there after he wants pass the same to future generation. He expects to earn an interest of 9% compounded annually. Determine how much perpetuity amount he will receive every month?(a) Rs. 9,500/-(b) Rs. 38,500/-(c) Rs. 37,500/-(d) Rs. 36,600/-? has been provided alongside types of Mr. Sharad got retirement benefit amounting to Rs. 50,00,000/-. He wants to receive a fixed monthly sum of amount for his rest of life, starting after one month and there after he wants pass the same to future generation. He expects to earn an interest of 9% compounded annually. Determine how much perpetuity amount he will receive every month?(a) Rs. 9,500/-(b) Rs. 38,500/-(c) Rs. 37,500/-(d) Rs. 36,600/-? theory, EduRev gives you an
ample number of questions to practice Mr. Sharad got retirement benefit amounting to Rs. 50,00,000/-. He wants to receive a fixed monthly sum of amount for his rest of life, starting after one month and there after he wants pass the same to future generation. He expects to earn an interest of 9% compounded annually. Determine how much perpetuity amount he will receive every month?(a) Rs. 9,500/-(b) Rs. 38,500/-(c) Rs. 37,500/-(d) Rs. 36,600/-? tests, examples and also practice UPSC tests.