jrocklove9679 jrocklove9679

13-03-2024
Business

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A financial planner offers an investment scheme where you deposit ₹5,00,000 today and receive ₹80,000 every year after your retirement till life. If the discount rate is 6%, what is the present value of this investment?
a) ₹11,320,754.72
b) ₹9,433,962.26
c) ₹7,547,169.81
d) ₹5,660,377.36

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