CA Foundation doubt
The present value of ₹510,000at 7.5%p.a compound interest for 7 years is ?? Which formula we used to solve this question
Asked by Mansi18 Jun 2024294 views
9 answers
Nidhi · 18 Jun 2024
Given amt that is 510000 will be taken as future value as it is amt after compounding.. principle we have to find as it is present value only that formula used will be fv or A = p(1+r)^t
Shaikh · 18 Jun 2024
PV= 510,000/(1+0.075)^7 = 307405
Mansi · 18 Jun 2024
Thankuuu
Shaikh · 18 Jun 2024
Formula PV= CF/(1+i)^n
Shaikh · 18 Jun 2024
If answer is 307405 then single cash flow
Shaikh · 18 Jun 2024
Single cashflow or annuity?
Mansi · 18 Jun 2024
307405 ...
Prajwal · 18 Jun 2024
96226? Answer?
Deepak · 18 Jun 2024
Compound amount ka formula lgega usse principal nikalna h
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