(A) Attempt any TWO of the following:0) Find accumulated value after 1

1.	(A) Attempt any TWO of the following:0) Find accumulated value after 1 year of annuity immediate in which 20000 isinvested every quarter, at 16% pa, compounded quarterly.Given: (1.04) 1.1699)
Answer» Number of quarters = 12/3 = 4. Amount = P[1+(r/100)]^n= 20000[1+(16/100)]^4= 20000*[29/25]^4= ₹ 36212.78 Please hit the like button if this helped you.

(A) Attempt any TWO of the following:0) Find accumulated value after 1 year of annuity immediate in which 20000 isinvested every quarter, at 16% pa, compounded quarterly.Given: (1.04) 1.1699)

Answer»

Number of quarters = 12/3 = 4.

Amount = P*[1+(r/100)]^n= 20000*[1+(16/100)]^4= 20000*[29/25]^4= ₹ 36212.78

Please hit the like button if this helped you.