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Multiple choice questions: If for an immediate annuity r = 10% p.a., P = ₹ 12,679.46 and A = ₹ 18,564, then the amount of each annuity paid is ______

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Question

Multiple choice questions:

If for an immediate annuity r = 10% p.a., P = ₹ 12,679.46 and A = ₹ 18,564, then the amount of each annuity paid is ______

Options

  • ₹ 4,000

  • ₹ 4,500

  • ₹ 3,500

  • ₹ 4,200

MCQ
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Solution

₹ 4,000

shaalaa.com
Annuity
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Chapter 2.2: Insurance and Annuity - Q.1

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