Multiple Choice Questions on Mr A has to receive Rs 1 000 at the beginning of each year for 5 years calculate the present value o........... for SEBI Grade A ( Officer) Exam Preparation

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Multiple Choice Questions

Mr A has to receive Rs 1 000 at the beginning of each year for 5 years calculate the present value o...........

Finance (Phase -I & II) Financial Markets
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    Mr. A has to receive Rs. 1,000 at the beginning of each year for 5 years. calculate the present value of annuity assuming 10% rate of Interest . (Table Value of Re. 1/- at 10% for 5 years annuity is 3.791)

    Rs. 4,100

    Incorrect Answer

    Rs. 4,200

    Incorrect Answer

    Rs. 4,170

    Correct Answer

    Rs. 4,400

    Incorrect Answer
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    Explanation:

    Present Value  = 1000  x  3.791  x  1.10  = Rs. 4,170/-

    By: VISHAL GOYAL
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