Present value of an annuity which pays 200 at the end of each 3 months for 10 years, assuming money to be worth 5% p.a. converted quarterly. (a) 3809.20 (b) 3109.60 (c) 6265.38 (d) none Solve this pro

Question

Doli · Answer

Thanks to all . I got it .

Anubhuti · Answer

C

Madhavan.S · Answer

1÷1.0125 ===========(40times) and press GT and multiple it with annuity 200 u will get the answer option C

Vishwa · Answer

Simple but you know the formal practice make perfect

Vishwa · Answer

Frist you know the formala present value annutity regular 5% divided to 4 u get .0125 then clear all type 1.0125 raise to power 41 it means 10 ×4 40 because quarterly so that then I got 1.6436 ×.0125 then Store m+ then again raise to power 41 then you got 1.6436 then -1 you get .6336 then divided MRC you get 31.3269 then × 200 finally you get the answer.

Doli · Answer

Please Explain me how you got the answer

Kashish · Answer

C

Vishwa · Answer

Anyone need about this explanation?

Vishwa · Answer

Option c

Present value of an annuity which pays 200 at the end of each 3 months for 10 years, assuming money to be worth 5% p.a. converted quarterly. (a) 3809.20 (b) 3109.60 (c) 6265.38 (d) none Solve this pro

9 answers

Ask your doubt in the Studycaller app