Find present value of Rs. 260000/- required 4 years from now if compound interest is 8% p.a. ( Accumulated value is given find Principal) a. Rs.191108 b. Rs.100000 c. Rs.222357 d. Rs.260000
Find present value of Rs. 260000/- required 4 years from now if compound interest is 8% p.a. ( Accumulated value is given find Principal) a. Rs.191108 b. Rs.100000 c. Rs.222357 d. Rs.260000
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Question
Find present value of Rs. 260000/- required 4 years from now if compound interest is 8% p.a. ( Accumulated value is given find Principal)
a.
Rs.191108
b.
Rs.100000
c.
Rs.222357
d.
Rs.260000
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