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CA Foundation doubt

Raja aged 40 wishes his wife Rani to have Rs. 40 lakhs at his death. If his expectation of life is another 30 years and he starts making equal annual investments commencing now at 3% compound interest

Asked by Sharanya30 Dec 2024625 views

5 answers

  1. Manoj · 2 Jan 2025

    84077

  2. Mayank · 31 Dec 2024

    Future value= periodic payment {(1+i)^t - 1}/i 4000000=pp (1.03)^30 -1 / 0.03

  3. Mohamad · 30 Dec 2024

    Apply future annuity formula

  4. Sharanya · 30 Dec 2024

    Could u please explain how

  5. Mohamad · 30 Dec 2024

    A

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