Suppose your mom decides to gift you 10,000 every year starting from today for the next five years. You deposit this amount in a bank as and when you receive and get 10% per annum interest rate compounded annually. What is the present value of this annuity?
Please answer this question with full solution
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theprofit mark up on cost, which will achieve the required profit margin?
is
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C. 20%
D. None ofthese
Give answer with detailed explanation please.
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